Emerging markets calendar

AFRICA & MIDDLE EAST

May

AFRICAN EXPORT-IMPORT BANK: Benchmark-sized, dollar-denominated bond (Baa2/BBB-/BBB-); Regulation S; HSBC Securities, Commerzbank, Mitsubishi UFJ Securities, Standard Bank; roadshow starts May 20; Cairo, Egypt-based international bank specializing in trade related financing for Africa.

EMIRATES NBD PJSC: Dollar-denominated bond; Regulation S; Emirates, BofA Merrill Lynch ING, Morgan Stanley, Deutsche Bank Securities, HSBC; roadshow begins May 20; Dubai-based provider of corporate, consumer, treasury and investment banking and asset management services.

ISLAMIC DEVELOPMENT BANK: Possible dollar-denominated sukuk; Standard Chartered, Barwa Bank, Credit Agricole, CIMB, Natixis, National Bank of Abu Dhabi, NCB, RBS; roadshow begins May 25; Jeddah, Saudi Arabia-based lender.

ABU DHABI COMMERCIAL BANK PJSC: CHF 150 million issue of 1 7/8% 10-year bonds; launched at mid-saws plus 150 bps area; Barclays, RBS; Abu Dhabi-based bank.

June

NIGERIA: $1 billion of notes; proceeds to fund power projects.

ALMARAI: Dollar notes; dairy products and fruit juice maker in Saudi Arabia.

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

2013

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

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

FIRST BANK OF NIGERIA PLC: $500 million notes; commercial bank based in Lagos, Nigeria.

On The Horizon

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

ASIA

May 13 Week

HONG KONG EXCHANGES AND CLEARING LTD.: Possible notes; Deutsche Bank, HSBC, UBS; roadshow started May 9; Hong Kong-based financial services holding company.

FREIGHT LINKS EXPRESS HOLDINGS LTD.: Notes; part of S$400 million multicurrency medium-term note program; DBS Bank; proceeds for general corporate purposes, including the refinancing of borrowings, investments and for general working capital; Singapore-based logistics services provider.

REGAL REAL ESTATE INVESTMENT TRUST: Dollar five-year notes; ABC International, Haitong International, ICBC (Asia), UBS, Wing Lung Bank; real estate investment trust based in Hong Kong.

GUOCOLAND LTD.: S$200 million senior perpetual securities; launched at 4.7%; proceeds will be used for general working capital purposes; Singapore-based investment holding company that focuses on real estate properties in Singapore, China, Malaysia and Vietnam.

PTT EXPLORATION AND PRODUCTION PLC: Up to $1 billion perpetual bonds; HSBC, Goldman Sachs, UBS, Standard Chartered; Bangkok-based energy and exploration company that is 65% owned by the government of Thailand.

May

HUANENG POWER INTERNATIONAL INC.: Dollar-denominated notes; JPMorgan, BOC, DBS, BS Bank; roadshow begins May 20; Beiging-based power plant developer and operator.

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

May 13 Week

OAO SBERBANK: Dollar notes; BNP Paribas, JPMorgan, Sberbank, UBS Investment Bank; Rule 144A/Regulation S; roadshow started May 13; price talk 5 ¼%; Moscow-based lender.

JSC NATIONAL MANAGING HOLDING KAZAGRO (KAZAGRO): Dollar notes; HSBC, JPMorgan; roadshow started May 10; Rule 144A/Regulation S; agricultural company based in Astana, Kazakhstan.

MOBILE TELESYSTEMS OJSC: Possible dollar- and ruble-denominated offering; Gazprombank, JPMorgan, The Royal Bank of Scotland; Regulation S, Rule 144A; roadshow begins May 17; telecommunications provider based in Moscow.

May 20 Week

JSC RUSSIAN STANDARD BANK: Dollar notes; roadshow starts May 16; Moscow-based lender.

FAR EASTERN SHIPPING CO. PLC (FESCO): $50 million tap of 8% notes due May 2, 2018 and 8 ¾% notes due May 2, 2020; shipping company based in Moscow.

2013

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

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.

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

TURKIYE FINANS KATILIM BANKASI AS (FINANSBANK): Up to $750 million of notes; lender based in Istanbul.

RUSSIA: $7 billion of notes.

LATVIA: Notes during second half of 2013.

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

May 13 Week:

RED DE CARRETERAS DE OCCIDENTE (RCO): Notes; roadshow ended May 14; highway operator based in Mexico.

Roadshows

Started May 9: HONG KONG EXCHANGES AND CLEARING LTD.: Possible notes; Deutsche Bank, HSBC, UBS; roadshow started May 9; Hong Kong-based financial services holding company.

Started May 10: JSC NATIONAL MANAGING HOLDING KAZAGRO (KAZAGRO): Dollar notes; HSBC, JPMorgan.

Started May 13: OAO SBERBANK: Dollar notes; BNP Paribas, JPMorgan, Sberbank, UBS Investment Bank.

Starting May 16: JSC RUSSIAN STANDARD BANK: Dollar notes.

Starting May 20: HUANENG POWER INTERNATIONAL INC.: Dollar-denominated notes; JPMorgan, BOC, DBS, BS Bank.

Starting May 20: AFRICAN EXPORT-IMPORT BANK: Benchmark-sized, dollar-denominated bond (Baa2/BBB-/BBB-); HSBC Securities, Commerzbank, Mitsubishi UFJ Securities, Standard Bank.

Starting May 20: EMIRATES NBD PJSC: Dollar-denominated bond; Emirates, BofA Merrill Lynch ING, Morgan Stanley, Deutsche Bank Securities, HSBC.

Staring May 25: ISLAMIC DEVELOPMENT BANK: Possible dollar-denominated sukuk; Standard Chartered, Barwa Bank, Credit Agricole, CIMB, Natixis, National Bank of Abu Dhabi, NCB, RBS.

Upcoming: KOREA NATIONAL OIL CORP.: Non-deal roadshow; BNP Paribas, Credit Suisse, UBS.

Upcoming: PTT EXPLORATION AND PRODUCTION PLC: Up to $1 billion perpetual bonds; HSBC, Goldman Sachs, UBS, Standard Chartered.

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