Emerging markets calendar

MARCH 28 WEEK

INDONESIA: $2 billion notes due 2021, 2041; Deutsche Bank, JPMorgan, UBS.

LOCALIZA RENT A CAR: Notes due 2018; Merrill Lynch, Bradesco BBI, Citigroup, Itau; roadshow March 10-15; Belo Horizonte, Brazil-based vehicle rental company.

CITIC PACIFIC LTD.: Possible notes; HSBC, UBS; Hong Kong-based business conglomerate.

INDIAN OVERSEAS BANK: $500 million notes due 2016; Citigroup, HSBC, JPMorgan, RBS, Standard Chartered; lender based in Chennai, India.

VOTORANTIM CIMENTOS SA: Benchmark dollar notes due 2041 (Baa3/BBB/); Merrill Lynch, Itau, JPMorgan; Rule 144A/Regulation S; change-of-control put at 101% with ratings downgrade; talked at the 7½% area; Sao Paulo-based cement manufacturer.

APRIL 4 WEEK

WOORI BANK: Dollar-denominated lower tier 2 notes; Barclays Capital, BNP Paribas, Merrill Lynch, HSBC, JPMorgan, UBS, Woori Investment & Securities; Rule 144A/Regulation S; roadshow started March 28; Seoul, South Korea-based lender.

RHB BANK BHD.: $300 million to $500 million senior notes; Merrill Lynch, Goldman Sachs; Kuala Lumpur-based lender.

WINSWAY COKING COAL HOLDINGS LTD.: Dollar notes due 2016 (B1/BB/); Deutsche Bank, Merrill Lynch, Goldman Sachs, ICBC International; Rule 144A/Regulation S; non-callable for three years; roadshow started March 28; 60% of the proceeds to finance investments in rolling stock, other transportation-related vehicles and railway-related infrastructure, 25% to finance investments in upstream resources through new acquisitions and/or joint venture projects and to otherwise secure upstream supplies, and 15% for working capital and general corporate purposes; Hong Kong-based importer of coking coal, particularly from Mongolia.

BANCO SANTANDER BRASIL SA: Possible notes; Morgan Stanley, Santander; roadshow March 30-31; banking company based in Sao Paulo.

FERREXPO: Five-year dollar notes (expected ratings: B3/B+/B); JPMorgan, Morgan Stanley, UBS; Rule 144A/Regulation S; whispered at the 8º% area; Switzerland-based company with assets in Ukraine.

SINGAMAS CONTAINER HOLDINGS LTD.: Renminbi notes; RBS, DBS Bank, ING; roadshow March 31-April 1; Regulation S; Hong Kong-based container manufacturing and logistics company.

LOTTE SHOPPING CO. LTD.: Dollar benchmark notes; BNP Paribas, Citigroup; roadshow started March 30; Regulation S; Seoul, South Korea-based retail operator.

FUFENG GROUP LTD.: Dollar-denominated five-year notes (expected ratings: /BB/BB); Citigroup, Deutsche Bank; non-callable for three years; Rule 144A/Regulation S; roadshow started March 29; monosodium glutamate and xantham gum producer based in Hong Kong.

NAVIOS SOUTH AMERICAN LOGISTICS INC. and NAVIOS LOGISTICS FINANCE (US) INC.: $185 million senior notes due 2019 (single B ratings expected); Merrill Lynch, JPMorgan (joint), Citigroup (senior co), Credit Suisse, Goldman Advisors (co's); Rule 144A with registration rights; callable in three years at par plus 75% of coupon; 101% poison put; to repay debt, to purchase barges and pushboats and for general corporate purposes; Piraeus, Greece-based barge and upriver port logistics business with operations in South America; joint high-yield and emerging markets roadshow starts March 31; pricing expected April 5 or April 6.

SIGMA ALIMENTOS SA DE CV: Possible notes; Merrill Lynch, JPMorgan; roadshow April 1-6; branded foods producer and distributor based in Monterrey, Mexico.

MIRABELA NICKEL LTD.: $375 million senior notes due 2018 (expected ratings B2/B-); J.P. Morgan Securities LLC, Barclays Capital; Rule 144A and Regulation S for life; non-callable for four years; to pay down its debt facilities, as well as to make prepayments in connection with the termination of certain commodity call options, interest rate hedging and foreign exchange hedging, to provide general working capital and for general corporate purposes; roadshow March 30-April 6; Perth, Australia-based Nickel producer.

APRIL 11 WEEK

PT UNIFLORA PRIMA: Five-year dollar notes; ING; Rule 144A/Regulation S; roadshow March 31-April 7; Jakarta, Indonesia-based cocoa producer.

GEORGIA: Dollar-denominated benchmark notes; Goldman Sachs, JPMorgan; roadshow starting April 4; Rule 144A/Regulation S.

HANA BANK: Possible notes; Barclays Capital, Citigroup, Hana Daetoo Securities, HSBC, Standard Chartered; roadshow April 1-7; Seoul, South Korea-based lender.

APRIL

COSTA RICA: Possible notes.

ROMANIA: €500 million notes with five- or 10-year tenor.

QATAR GENERAL INSURANCE AND REINSURANCE CO. SAQ: Up to $500 million of notes; issuance likely after March 8; provides energy insurance to the energy and petrochemical industry in Doha, Qatar.

UNITED CO. RUSAL PLC: RUB 30 billion bonds, CNY 1 billion, $1 billion eurobonds by May; proceeds to refinance debt; aluminum company based in Moscow.

CLP POWER HONG KONG LTD.: Possible notes; Barclays Capital, Standard Chartered; roadshow started March 7; Hong Kong-based electric company.

POLSKIE GORNICTWO NAFTOWE I GAZOWNICTOW (PGNIG): Bonds; Poland-based natural gas company.

HYUNDAI CAPITAL SERVICES INC.: Possible notes; Merrill Lynch; South Korea-based financing company.

JUNE

OAO PROMSVYAZBANK: $500 million notes; commercial bank based in Moscow.

JULY

DEVELOPMENT BANK OF KAZAKHSTAN: $800 million notes; Astana, Kazakhstan-based lender.

ON THE HORIZON

GLOBAL DAIRY HOLDINGS LTD.: Renminbi notes; Merrill Lynch, Macquarie Group; proceeds for general corporate purposes and to finance company's vertical integration plan; milk and milk products manufacturer and marketer based in Hong Kong.

HOANG ANH GIA LAI GROUP: Possible issue of $200 million five-year notes; Credit Suisse; roadshow March 14 week; business conglomerate based in Vietnam.

RUSSIA: Dollar notes due 2041.

ZAMBIA: Dollar notes.

VIETNAM BANK FOR INDUSTRY AND TRADE (VIETINBANK): $500 million to $1 billion notes; Barclays, Credit Suisse, Goldman Sachs, JPMorgan; issuance likely in 2011.

SHARJAH ISLAMIC BANK: $500 million sukuk notes; HSBC, Standard Chartered; Dubai-based lender.

PTT EXPLORATION AND PRODUCTION CANADA (PTTEP CANADA): Dollar benchmark notes due 2021 (Baa1); Barclays Capital; part of PTT Exploration and Production PCL, a Bangkok-based petroleum exploration and production company.

TURKIYE VAKIFLAR BANKAS TAO (VAKIFBANK): Between $500 million and $1 billion five-year notes; Ankara, Turkey-based lender.

EURASIAN BANK JSC: Up to $300 million of bonds, possible ruble bonds; Kazakhstan-based lender.

OGX PETROLEO E GAS PARTICIPACOES SA: Dollar notes; Credit Suisse, HSBC, Itau, JPMorgan; Brazil-based oil and gas exploration and production company.

SENEGAL: $500 million bonds by April.

TECHNIKABANK OJSC: Dollar notes (//B-); Commerzbank AG, HSBC; change-of-control put if three main shareholders cease to own more than 50% of company; Azerbaijan-based lender.

SLOVAK REPUBLIC: Tap of bonds due Feb. 24, 2016; KBC Group, Erste Group, Intesa Sanpaolo Group.

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

CITY OF KIEV: $300 million notes; Credit Suisse linked to deal.

OAO ASB BELARUSBANK: Dollar-denominated bond of up to $500 million.

IFH PERU LTD.: $100 million tap of 8 5/8% bonds due 2019; Barclays Capital, IMT Trust; Lima, Peru-based financial services company.

PT PERUSAHAAN LISTRIK NEGARA (PLN): Possible $1 billion 10-year notes; pricing expected in 2011; Indonesian state-owned electric company.

AL BARAKA BANKING GROUP: Up to $500 million sukuk issue of five-year notes; Bahrain-based Islamic lender.

POLSKI KONCERN NAFTOWY ORLEN SA (PKN ORLEN): Euro-denominated notes; Citigroup, Deutsche Bank, RBS; Regulation S; roadshow started Nov. 17; could be postponed; Plock, Poland-based oil refiner and petrol retailer.

GULF GENERAL INVESTMENT CO.: Possible $300 million notes due 2015 (B1); Deutsche Bank, HSBC, Standard Chartered; roadshow started Nov. 2; proceeds to refinance and reduce existing short-term debt and for general corporate purposes; Dubai-based real estate company.

GEORGIA: $500 million 10-year bonds.

MAQUINARIA ESPECIALIZADA MXO TRUST: $160 million notes; Santander; Rule 144A/Regulation S; roadshow started Oct. 27; special purpose vehicle designed to provide construction machinery services to Corporacion GEO, a Mexico City-based homebuilder.

ARAMCO: $1 billion sukuk with France's Total; Credit Agricole, Deutsche Bank, Samba Financial; state-owned national oil company based in Dhahran, Saudi Arabia.

MOSCOW CREDIT BANK: Eurobond issue totaling about $300 million; Commerzbank, RZB, ING; roadshow started Oct. 14; Moscow-based lender.

BANCO DE CHILE: Dollar-denominated notes; Santiago, Chile-based lender.

NEUQUEN PROVINCE: $250 million floating-rate notes with 10-year maximum tenor; proceeds for repayment of debt or to finance infrastructure projects; province of Argentina.

UNITED GULF BANK: Bonds; Standard Chartered; Bahrain-based lender and subsidiary of Kuwait-based Kipco.

DOHA BANK: $500 million bonds; JPMorgan, Morgan Stanley; Qatar-based lender.

SRI LANKA TELECOM PLC: Up to $125 million of bonds; proceeds to fund expansion plans; telecommunications service provider based in Colombo, Sri Lanka.

BANCO CREDITO E INVERSIONES: $200 million five-year notes; BNP Paribas, JPMorgan; Rule 144A/Regulation S; postponed; lender based in Santiago, Chile.

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.

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

TRANSCREDITBANK: Up to $400 million three-year notes; JPMorgan, BNP Paribas; pricing expected before the end of 2010; Moscow-based commercial bank and subsidiary of JSC Russian Railways.

ZAMBIA: Planned issue of $500 million to $1 billion bonds; proceeds for infrastructure improvements and power plant construction.

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.

ROADSHOWS

Started March 7: CLP POWER HONG KONG LTD.: Possible notes; Barclays Capital, Standard Chartered.

March 10-15: LOCALIZA RENT A CAR: Possible notes; Merrill Lynch, Bradesco BBI, Citigroup, Itau.

Started March 14: EMIRATE OF ABU DHABI: Non-deal roadshow in Asia.

March 14 week: HOANG ANH GIA LAI GROUP: Possible issue of $200 million five-year notes; Credit Suisse.

March 23-25: EXPORT-IMPORT BANK OF KOREA: Non-deal roadshow; HSBC, RBS, UBS.

March 23-29: CITIC PACIFIC LTD.: Possible notes; HSBC, UBS.

Started March 25: FERREXPO: Five-year dollar notes; JPMorgan, Morgan Stanley, UBS.

Started March 28: WINSWAY COKING COAL HOLDINGS LTD.: Dollar notes due 2016; Deutsche Bank, Merrill Lynch, Goldman Sachs, ICBC International.

Started March 28: WOORI BANK: Dollar-denominated lower tier 2 notes; Barclays Capital, BNP Paribas, Merrill Lynch, HSBC, JPMorgan, UBS, Woori Investment & Securities.

March 28-31: HYUNDAI CAPITAL SERVICES INC.: Possible notes; Merrill Lynch.

March 28-April 6: SOUTH AFRICA: Non-deal roadshow; Citigroup, Deutsche Bank, Rand Merchant Bank.

Started March 29: FUFENG GROUP LTD.: Dollar-denominated five-year notes; Citigroup, Deutsche Bank.

Started March 30: LOTTE SHOPPING CO. LTD.: Dollar benchmark notes; BNP Paribas, Citigroup.

March 30-31: BANCO SANTANDER BRASIL SA: Possible notes; Morgan Stanley, Santander.

Started March 31: NAVIOS SOUTH AMERICAN LOGISTICS INC. and NAVIOS LOGISTICS FINANCE (US) INC.: $185 million senior notes due 2019; Merrill Lynch, JPMorgan.

March 30-April 6: MIRABELA NICKEL LTD.: $375 million senior notes due 2018 (expected ratings B2/B-); J.P. Morgan Securities LLC, Barclays Capital.

March 31-April 1: SINGAMAS CONTAINER HOLDINGS LTD.: Renminbi notes; RBS, DBS Bank, ING.

March 31-April 7: PT UNIFLORA PRIMA: Five-year dollar notes; ING.

Upcoming: MUBADALA DEVELOPMENT CO. PJSC: Possible notes; Barclays Capital, HSBC, National Bank of Abu Dhabi, Societe Generale, Standard Chartered.

April 1-6: SIGMA ALIMENTOS SA DE CV: Possible notes; Merrill Lynch, JPMorgan.

Starting April 4: GEORGIA: Dollar-denominated benchmark notes; Goldman Sachs, JPMorgan.

April 1-7: HANA BANK: Possible notes; Barclays Capital, Citigroup, Hana Daetoo Securities, HSBC, Standard Chartered.

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