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Published on 10/8/2013 in the Prospect News Emerging Markets Daily.

Emerging markets calendar

AFRICA & MIDDLE EAST

Oct. 7 Week

AL KHALIJ COMMERCIAL BANK: Five-year dollar benchmark notes (expected rating: //A-); BNP Paribas, HSBC, QNB Capital, Standard Chartered Bank; Regulation S; roadshow started Oct. 3; talked in the mid-swaps plus 195 bps area; Doha, Qatar-based lender.

October

AHLI UNITED BANK: Dollar notes; Kuwait-based bank.

ALMARAI: Hybrid issue of Islamic bonds; integrated dairy foods company based in Riyadh, Saudi Arabia.

ASIA

Oct. 7 Week

EXPORT-IMPORT BANK OF MALAYSIA BHD. (MEXIM): Dollar notes; BNP Paribas, CIMB, HSBC, Maybank; roadshow started Oct. 2.

SK BROADBAND CO. LTD.: Dollar notes; Barclays, Deutsche Bank, HSBC; Regulation S; roadshow started Oct. 7; telecommunications company based in Seoul, South Korea.

CHINA PETROCHEMICAL & CHEMICAL GROUP (SINOPEC GROUP): Dollar- or euro-denominated notes; Citigroup, JPMorgan, HSBC, Societe Generale, Goldman Sachs; roadshow ahead; Beijing-based chemical company.

MIDAS HOLDINGS LTD.: Possible notes; DBS Bank, HSBC; roadshow started Oct. 7; Singapore-based manufacturer of aluminum alloy extruded products for the rail transportation sector.

CHINA TAIPING NEW HORIZON LTD.: Dollar notes (expected rating: /BBB+/); Credit Suisse, JPMorgan, Agricultural Bank of China, Bank of China, CCB International, CICC, Taiping Securities; roadshow begins Oct. 8; Regulation S; wholly owned subsidiary of China Taiping Insurance Holdings Co. Ltd., an insurance conglomerate based in Hong Kong.

CHINA OVERSEAS LAND & INVESTMENT LTD.: Possible notes; BOC International, BNP Paribas, Citigroup, CLSA, HSBC, JPMorgan; roadshow starts Oct. 9; Hong Kong-based construction and development company.

2013

MANILA ELECTRIC CO. (MERALCO): $250 million-$300 million notes; Pasig City, Philippines-based electrical power distributor.

2014

REPUBLIC OF TANZANIA: Up to $700 million of notes; pricing expected in the first half of the year.

On The Horizon

BANGLADESH: $1 billion notes by 2015; proceeds for infrastructure projects.

ASIA CAPITAL REINSURANCE: Singapore dollar-denominated notes; reinsurer based in Singapore.

EMERGING EUROPE & CENTRAL ASIA

Oct. 7 Week

HOME CREDIT AND FINANCE BANK: Dollar notes; Citigroup, Sberbank, UBS; Rule 144A/Regulation S; roadshow started Oct. 7; lender based in Moscow.

TURKIYE IS BANKASI AS (ISBANK): Dollar- or lira-denominated notes; BNP Paribas, Commerzbank, JPMorgan, Morgan Stanley, Standard Chartered Bank; Rule 144A/Regulation S deal; roadshow Oct. 7 week; lender based in Istanbul.

OJSC BANK ST. PETERSBURG: Dollar notes; JPMorgan, VTB Capital; roadshow started Oct. 7; Regulation S.

Fall 2013

STATE OIL CO. OF THE AZERBAIJAN REPUBLIC (SOCAR): Possible notes.

BULGARIAN ENERGY HOLDING EAD: €250 million notes in the fall of 2013; based in Sofia, Bulgaria.

2013

CITY OF PRAGUE: €200 million bonds.

On The Horizon

LATVIA: $4 billion notes in 2013 or 2014; proceeds to refinance the sovereign's 2014 bonds and its bailout from the International Monetary Fund and the European Union.

PT INDIKA TBK.: Dollar notes due in 10 years (B1); Jakarta, Indonesia-based energy company.

LATIN AMERICA

Oct. 7 Week

BIOSEV SA: $300 million seven-year notes (B1//BB-); BB Securities, BNP Paribas, Bradesco BBI, Citigroup, HSBC, Itau BBA; Rule 144A/Regulation S; roadshow Oct. 1-7; proceeds to repay existing borrowings and financings; sugar cane milling unit of Brazil-based commodities company Louis Dreyfus Holding BV.

BANCO DO BRASIL SA: Japanese yen-denominated notes; BB Securities, Citigroup, JPMorgan, Mizuho Securities; lender based in Brasilia, Brazil.

October

OCEANOGRAFIA SA DE CV; $280 million of five-year notes; Pareto; proceeds would be used to partially finance the purchase of two sub-sea vessels; offshore oil engineering services company.

Roadshows

Started Oct. 1: BIOSEV SA: Dollar notes; BB Securities, BNP Paribas, Bradesco BBI, Citigroup, HSBC, Itau BBA.

Started Oct. 2: EXPORT-IMPORT BANK OF MALAYSIA BHD. (MEXIM): Dollar notes; BNP Paribas, CIMB, HSBC, Maybank.

Started Oct. 3: AL KHALIJ COMMERCIAL BANK: Dollar benchmark notes; BNP Paribas, HSBC, QNB Capital, Standard Chartered Bank.

Started Oct. 7: SK BROADBAND CO. LTD.: Dollar notes; Barclays, Deutsche Bank, HSBC.

Started Oct. 7: HOME CREDIT AND FINANCE BANK: Dollar notes; Citigroup, Sberbank, UBS.

Started Oct. 7: MIDAS HOLDINGS LTD.: Possible notes; DBS Bank, HSBC.

Started Oct. 7: TURKIYE IS BANKASI AS (ISBANK): Dollar- or lira-denominated notes; BNP Paribas, Commerzbank, JPMorgan, Morgan Stanley, Standard Chartered Bank.

Started Oct. 7: OJSC BANK ST. PETERSBURG: Dollar notes; JPMorgan, VTB Capital.

Started Oct. 8: CHINA TAIPING NEW HORIZON LTD.: Dollar notes (expected rating: /BBB+/); Credit Suisse, JPMorgan, Agricultural Bank of China, Bank of China, CCB International, CICC, Taiping Securities.

Starting Oct. 9: CHINA OVERSEAS LAND & INVESTMENT LTD.: Possible notes; BOC International, BNP Paribas, Citigroup, CLSA, HSBC, JPMorgan.

Ahead: CHINA PETROCHEMICAL & CHEMICAL GROUP (SINOPEC GROUP): Dollar- or euro-denominated notes; Citigroup, JPMorgan, HSBC, Societe Generale, Goldman Sachs.


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