Emerging markets calendar

AFRICA & MIDDLE EAST

June

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

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

2013

BANQUE MAROCAINE DU COMMERCE EXTERIEUR (BMCE BANK): $500 million notes due in five years; bank based in Casablanca, Morocco.

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.

TANZANIA: Up to $2 billion notes.

On The Horizon

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

ASIA

June

CHINA LONGYUAN POWER GROUP LTD.: Dollar notes due in three years; Goldman Sachs, Citic Securities, UBS, Morgan Stanley; Regulation S; roadshow began June 5; Beijing-based wind power producer.

HILONG HOLDING LTD.: Senior notes; Deutsche Bank, HSBC; Regulation S; proceeds to expand business capacity and for general corporate purposes; integrated oilfield equipment and service provider based in Hong Kong.

LENOVO GROUP LTD.: Dollar notes; Credit Suisse, Goldman Sachs, BNP Paribas, Bank of China, HSBC, Mitsubishi UFJ Securities, Mizuho Securities, RBS, Standard Chartered Bank; Regulation S; roadshow started June 3; Beijing-based multinational technology company.

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.

YANZHOU COAL MINING CO. LTD.: Benchmark dollar notes; Deutsche Bank, UBS, Barclays, Citigroup, Goldman Sachs (Asia); roadshow started May 20; Regulation S; coal production, processing, marketing and transportation company is based in Zoucheng, China.

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

June

CANARA BANK: Dollar senior notes; BofA Merrill Lynch, Barclays, BNP Paribas, Citigroup, Credit Agricole, HSBC, JPMorgan; Regulation S; roadshow started May 27; bank based in Bangalore, India.

TURKIYE CUMHURIYETI ZIRAAT BANKASY AS (ZIRAAT BANK): Dollar notes; BofA Merrill Lynch, Citigroup, Deutsche Bank, SHBC, JPMorgan; Ankara, Turkey-based lender.

June

URALKALI: Tap of 3.723% five-year notes (Baa3/BBB-/BBB-); BofA Merrill Lynch, Goldman Sachs, Sberbank, VTB Capital; Rule 144A/Regulation S; Russia-based producer of potash.

2013

CITY OF PRAGUE: €200 million bonds.

INDONESIA: Global Islamic bonds in September or October.

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

TURKIYE HALK BANKASI (HALKBANK): Up to $3 billion of bonds.

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.

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

June 10 Week

ODEBRECHT DRILLING NORBE VIII/IX LTD.: Dollar benchmark notes; HSBC, Itau BBA and Morgan Stanley (global coordinators); BB Securities, BNP Paribas and Santander (bookrunners); Rule 144A/Regulation S; proceeds for relief from existing project finance obligations; roadshow May 27-June 5; subsidiary of Odebrecht Oleo e Gas SA, an offshore drilling company based in Rio de Janeiro.

BANCO NACIONAL DO DESENVOVIMENTO (BRAZILIAN DEVELOPMENT BANK, OR BNDES): Up to $3 billion of notes; Deutsche Bank, Itau BBA, JPMorgan; proceeds to finance bank's lending program; roadshow ahead; lender based in Rio de Janeiro.

Roadshows

Started May 20: YANZHOU COAL MINING CO. LTD.: Benchmark dollar notes; Deutsche Bank, UBS, Barclays, Citigroup, Goldman Sachs (Asia).

Started May 27: CHINA PROPERTIES GROUP LTD.: Notes; BofA Merrill Lynch.

Started May 27: CANARA BANK: Dollar senior notes; BofA Merrill Lynch, Barclays, BNP Paribas, Citigroup, Credit Agricole, HSBC, JPMorgan.

May 27-June 5: ODEBRECHT DRILLING NORBE VIII/IX LTD.: Dollar benchmark notes; HSBC, Itau BBA and Morgan Stanley (global coordinators); BB Securities, BNP Paribas and Santander (bookrunners).

Started June 5: CHINA LONGYUAN POWER GROUP LTD.: Dollar notes due in three years; Goldman Sachs, Citic Securities, UBS, Morgan Stanley.

June 10-14: LATVIA: Notes during second half of 2013; Citigroup, JPMorgan, Societe Generale.

Upcoming: BANCO NACIONAL DO DESENVOVIMENTO (BRAZILIAN DEVELOPMENT BANK, OR BNDES): Up to $3 billion of notes.

© 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.