Emerging markets calendar

AUGUST

KUVEYT TURK: Planned $100 million three-year sukuk issue of fixed-rate notes through KT Turkey Sukuk Ltd.; Citigroup, Liquidity House; Regulation S; pricing expected Aug. 16 week; participation bank based in Istanbul, Turkey.

COASTAL ROAD CORP: $165 million issue of bonds due 2022 (B2/B); Bank of America Merrill Lynch, Standard Bank; guidance set at 12%; to fund purchase of toll road revenue and rights; Manila, Philippines-based toll operator.

EVERTEC: $225 million notes; Bank of America Merrill Lynch, Morgan Stanley; also $400 million credit facility which launches at Aug. 5 bank meeting; to help fund Apollo Management LP's acquisition of 51% of Evertec from Popular Inc., expected to close third quarter of 2010; San Juan, Puerto Rico-based transaction processing company, serving the Caribbean and Latin America.

ON THE HORIZON

BUENOS AIRES: Benchmark-sized notes due 2018.

YAPI KREDI: Possible issue of notes; Citigroup, Deutsche Bank, UNIC; commercial bank based in Istanbul, Turkey.

SRI LANKA: $1 billion issue of 10-year notes; HSBC, RBS, Bank of America Merrill Lynch.

KENYA ELECTRICITY GENERATING CO. LTD. (KENGEN): Planned $1 billion bond issue; proceeds to finance $4.5 billion expansion plans; power producer based in Nairobi, Kenya.

PHILIPPINES: Possible peso-denominated notes worth $500 million.

CORPORACION NACIONAL DEL COBRE DE CHILE (CODELCO): Planned issue of up to $1 billion in dollar bonds; proceeds for general corporate purposes and for copper projects; state-owned copper company based in Santiago, Chile.

PETROLEOS DE VENEZUELA SA (PDVSA): Planned $2 billion bond; Caracas, Venezuela-based state-owned oil company.

CORPORACION FINANCIERA DE DESAROLLO (COFIDE): Planned issue of $250 million bonds; lender based in San Isidro, Peru.

E-LAND FASHION CHINA HOLDINGS LTD.: $200 million senior unsecured notes due 2013 (Ba2/BB-); Morgan Stanley; to fund capital expenditures and expand network; delayed; Shanghai-based women's apparel company.

INDONESIA: Planned sukuk offering worth $650 million; Citigroup, HSBC, Standard Chartered; delayed until 2011.

TRANSCREDITBANK: Three-year notes; JPMorgan, BNP Paribas; Moscow-based commercial bank and subsidiary of JSC Russian Railways.

SABIC CAPITAL: Planned offering of five-year senior unsecured notes (expected ratings A1/A+/A+); JPMorgan, HSBC, RBS; Regulation S only; talked at mid-swaps plus 175 basis points; proceeds to refinance debt; delayed; petrochemical, fertilizer and metals conglomerate 70%-owned by the Kingdom of Saudi Arabia and based in Riyadh.

ZAMBIA: Planned issue of $1 billion bonds; proceeds for infrastructure improvements and power plant construction.

ISLAMIC DEVELOPMENT BANK: Two benchmark-sized sukuk offerings; proceeds to increase lending to member states coping with economic crisis; Jeddah, Saudi Arabia-based financial institution created to help economic development in 56 member countries.

QATAR ISLAMIC BANK: Planned sukuk offering of up to $750 million; HSBC, Credit Suisse; lender based in Doha, Qatar.

ODEBRECHT FINANCE LTD: Dollar-denominated offering of perpetual step-up notes (expected ratings Baa3/BB/BB+); Credit Suisse, Banco Itau; Rule 144A/Regulation S; non-callable for five years; proceeds to refinance outstanding 9 5/8% perpetual notes; Salvador, Brazil-based business conglomerate.

REPUBLIC OF HUNGARY (Baa1/BBB-/BBB): Benchmark global notes due 2020; Citigroup, Deutsche Bank; SEC registered.

GULF INVESTMENT BANK: Expected dollar-denominated bonds or sukuk offering; Barclays Capital, GIB Financial, HSBC, UBS; timing and structure to be determined.

URUGUAY: Planned $1 billion issue of bonds, possible 20-year maturity.

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