E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/24/2013 in the Prospect News Emerging Markets Daily.

Emerging markets calendar

AFRICA & MIDDLE EAST

April 22 Week

BAHRAIN TELECOMMUNICATIONS CO. BSC (BATELCO): Dollar notes; BNP Paribas, Citigroup; Regulation S only; roadshow April 23-25; Bahrain-based telecommunications operator.

April

RWANDA: $350 million notes; BNP Paribas, Citigroup; Rule 144A/Regulation S; roadshow started April 18.

2013

ABU DHABI NATIONAL ENERGY CO. (TAQA): $800 million bonds; proceeds to refinance existing debt.

REPUBLIC OF KENYA: Notes; issuance likely by June 2013.

GHANA: $750 million notes; proceeds to refinance outstanding $750 million bond due 2017.

SENEGAL: Possible issue of international bonds.

On The Horizon

REPUBLIC OF ANGOLA: Up to $2 billion of notes.

ASIA

April 22 Week

KOREA GAS CORP.: Possible notes; BofA Merrill Lynch, Goldman Sachs; a public natural gas company incorporated by the Korean government.

CITIC SECURITIES CO. LTD.: Notes; Citic Securities Co. Ltd.; Regulation S; proceeds for business and operational needs; Beijing-based investment bank and is a subsidiary of Citic Group.

PARKSON RETAIL GROUP LTD.: Dollar notes; DBS Bank, JPMorgan, Nomura Securities; roadshow started April 23; Regulation S; department store company based in Selangor, Malaysia.

SINOCHEM GLOBAL CAPITAL CO. LTD.: Benchmark dollar notes (Baa3//BBB-); Citigroup, UBS, Goldman Sachs, Morgan Stanley, HSBC; roadshow began April 23; Rule 144A/Regulation S; Hong Kong-based business conglomerate with interests in agriculture, energy, chemicals, real estate and finance.

April

NATIONAL SAVINGS BANK (NSB): Up to $1 billion of bonds; Barclays, Citigroup, HSBC; lender based in Colombo, Sri Lanka.

On The Horizon

VINGROUP JSC: Dollar notes due in five years (/B+/B); Credit Suisse, Citigroup; non-callable for three years; Rule 144A/Regulation S; real estate company based in Hanoi, Vietnam.

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

EMERGING EUROPE & CENTRAL ASIA

April 22 Week

OJSC MAGNITOGORSK IRON AND STEEL WORKS (MMK): Dollar benchmark bonds; roadshow underway; proceeds for refinancing existing indebtedness and other general corporate purposes; steel producer based in Magnitogorsk, Russia.

TF VARLIK KIRALAMA AS: Five-year, dollar Islamic bonds; Regulation S; Citigroup, HSBC, NCB Capital, Noor Islamic Bank; change-of-control put if National Commercial Bank ceases to own 51% of the company; lender based in Istanbul, Turkey.

OAO ROSNEFT: Possible notes; oil company based in Moscow.

OIL AND NATIONAL GAS CORP. LTD. (ONGC): Dollar notes; Citigroup, Deutsche Bank, RBS; roadshow started April 24; Regulation S only; multinational oil and gas company based in Dehradun, India.

NORD GOLD NV: Dollar notes; Citigroup, Goldman Sachs, Jefferies, Natixis, Sberbank, Societe Generale; Rule 144A/Regulation S; roadshow April 24-26; Russian gold mining company with operations in West African, Kazakhstan and Russia.

ALLIANCE OIL CO. LTD.: Dollar notes due in seven years; Deutsche Bank, Gazprombank, Goldman Sachs, Raiffeisen Bank International; roadshow April 17-19; Rule 144/Regulation S; talked at 7 ¼% area; based in Moscow.

ALBARAKA TURK KATILIM BANKASI AS: Dollar sukuk; BNP Paribas, Al Hilal Bank, Barwa Bank, Emirates NBD Capital, Nomura Securities; Regulation S only; roadshow April 18-23; banking group based in Istanbul.

CREATIVE GROUP: $400 million notes; BofA Merrill Lynch, Citigroup, UniCredit, VTB Capital; roadshow April 18-24; Rule 144A/Regulation S; Kirovohrad, Ukraine-based agro-industrial company that produces fats, oils, meals and margarines.

TURKIYE FINANS KATILIM BANKASI AS (FINANSBANK): Dollar notes due in 2018; Citigroup, HSBC, NCB Capital, Noor Islamic Bank; roadshow started April 18; talked in 4% area; Istanbul-based lender.

SLOVENIA: Euro-, dollar-denominated notes worth up to $4 billion; roadshow began April 22; proceeds will be used to repay maturing debt, for budget financing and for the recapitalization of the country's banking sector.

OJSC MMC NORILSK NICKEL: Up to $1.5 billion in notes with minimum tenor of five years; roadshow underway; Regulation S only; company based in Moscow.

2013

LEMTRANS: Eurobonds; proceeds to purchase railway goods wagons; Donetsk, Ukraine-based freight forwarding company owned by SCM Group.

GAZPROMBANK OJSC: Up to $4 billion notes; Moscow-based lender.

YAPI KREDI BANKASI AS (YAPI KREDI): $2 billion of notes; Istanbul-based lender.

TURKIYE HALK BANKASI (HALKBANK): Lira-denominated notes; state-owned lender based in Ankara, Turkey.

AKBANK TAS: Up to $1 billion of eurobonds by the end of the year; BofA Merrill Lynch, Citigroup, Deutsche Bank, HSBC, JPMorgan; roadshow ahead; Adana, Turkey-based lender.

KAZAKHSTAN: $1 billion of notes during the first half of 2013.

TURKIYE CUMHURIYETI ZIRAAT BANKASI AS: Notes; Ankara, Turkey-based lender.

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

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 & THE CARIBBEAN

April 22 Week

CONSTRUTORA ANDRADE GUTIERREZ SA (CAG): Dollar benchmark notes; BTG Pactual, JPMorgan, Espirito Santo Investment Bank; roadshow April 16-22; Rule 144A/Regulation S; Belo Horizonte, Brazil-based subsidiary of Andrade Gutierrez SA, an engineering and construction company.

April 29 Week

CONSORCIO TRANSMANTARO SA: Dollar notes; Credit Suisse, Deutsche Bank, BBVA, BCP Capital; Rule 144A/Regulation S; roadshow ahead; power transmission company based in Peru.

Roadshows

April 18-23: ALBARAKA TURK KATILIM BANKASI AS: Dollar sukuk; BNP Paribas, Al Hilal Bank, Barwa Bank, Emirates NBD Capital, Nomura Securities.

April 18-24: CREATIVE GROUP: $400 million notes; BofA Merrill Lynch, Citigroup, UniCredit, VTB Capital.

Started April 22: SLOVENIA: Euro-, dollar-denominated notes worth up to $4 billion.

April 22 week: OJSC MMC NORILSK NICKEL: Up to $1.5 billion in notes with minimum tenor of five years.

Started April 23: PARKSON RETAIL GROUP LTD.: Dollar notes; DBS Bank, JPMorgan, Nomura Securities.

Started April 23: SINOCHEM GLOBAL CAPITAL CO. LTD.: Benchmark dollar notes; Citigroup, UBS, Goldman Sachs, Morgan Stanley, HSBC.

April 23-25: BAHRAIN TELECOMMUNICATIONS CO. BSC (BATELCO): Dollar notes; BNP Paribas, Citigroup.

Started April 24: OIL AND NATIONAL GAS CORP. LTD. (ONGC): Dollar notes; Citigroup, Deutsche Bank, RBS.

April 24-26: NORD GOLD NV: Dollar notes; Citigroup, Goldman Sachs, Jefferies, Natixis, Sberbank, Societe Generale.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.