Emerging markets calendar

JUNE 20 WEEK

OAO PROBUSINESSBANK: Dollar notes; BCP Securities, UBS; Regulation S; roadshow June 8-14; commercial lender based in Moscow.

ESSAR SERVICES MAURITIUS/AEGIS LTD.: $300 million senior notes due 2016 (/BB-/BB-); Deutsche Bank Securities Inc., UBS Investment Bank, Standard Chartered Bank; Rule 144A and Regulation S; non-callable for three years; to repay debt and for general corporate purposes; Mumbai, India, provider of outsourcing services.

SAN ANTONIO INTERNACIONAL LTD: $500 million seven- to 10-year notes (//B-); Deutsche Bank, HSBC, Itau, Pareto Securities; roadshow started June 14; provides onshore drilling and well services throughout Latin America.

DENIZBANK AS: Benchmark bonds (expected ratings: Ba1//BBB-); Bank of America Merrill Lynch, Citigroup, HSBC, JPMorgan; Rule 144A/Regulation S; roadshow June 15-20; lender based in Istanbul, Turkey.

ELERING AS: Notes; Deutsche Bank, Nordea Markets; Regulation S only; roadshow June 6-10; sovereign-owned operator of the national electricity grid, based in Tallinn, Estonia.

DOLPHIN ENERGY LTD. LLC: Notes not to exceed $1.93 billion; RBS, BNP Paribas, Abu Dhabi Commercial Bank, Mitsubishi UFJ Securities, Societe Generale; Rule 144A/Regulation S; roadshow upcoming; investor call planned for June 17; energy company 51% owned by Abu Dhabi's Mubadala Development Co.

CEMEX SAB DE CV: $650 million eight-year notes (expected ratings: /B/B+); Bank of America Merrill Lynch, HSBC; Rule 144A/Regulation S; change-of-control put at 101%; non-callable for four years; proceeds for general corporate purposes, including repayment of indebtedness; Monterrey, Mexico-based building materials supplier and cement producer.

JUNE 27 WEEK

STATE OIL CO. OF AZERBAIJAN (SOCAR): $500 million notes; state-owned oil and gas company based in Baku, Azerbaijan.

BANCO SANTANDER CHILE: Possible notes; Bank of America Merrill Lynch, JPMorgan, Santander; roadshow June 6-10; Chile-based subsidiary of financial services company Grupo Santander.

BANCO SAFRA SA: Real-denominated notes due Jan. 5, 2015; Banco Safra; Regulation S; payable in dollars; proceeds for general corporate purposes; lender based in Sao Paulo.

CITY OF KIEV: $300 million notes (expected rating: B2); Credit Suisse linked to deal.

REPUBLIC OF COLOMBIA: Possible notes; Bank of America Merrill Lynch, Barclays Capital, Citigroup; roadshow June 20-24.

KOREA HOUSING FINANCE CORP: Dollar notes (expected rating: Aa3); BNP Paribas, Nomura, Standard Chartered Bank; Rule 144A/Regulation S; roadshow upcoming; housing finance company based in Seoul, South Korea.

REPUBLIC OF CROATIA: Euro-denominated benchmark notes; Deutsche Bank, HSBC, Unicredit; roadshow starts June 27.

JULY

BANCO BTG PACTUAL SA: Benchmark-sized notes; BTG Pactual, JPMorgan, Bradesco BBI; Rule 144A/Regulation S; roadshow June 27-29; lender based in Sao Paulo.

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

CELULOSA ARGENTINA SA: Up to $150 million seven-year notes; Citigroup, Credit Suisse; paper and pulp company based in Martinez, Argentina.

TOURISM DEVELOPMENT & INVESTMENT CO.: $1 billion notes; RBS, HSBC, Standard Chartered; proceeds for construction and other projects; developer based in Abu Dhabi.

INDIAN OIL CORP. LTD.: $500 million issue of notes, possibly with 10-year tenor (//BBB-); BNP Paribas, RBS, Citigroup; state-owned oil and gas company based in Mumbai.

SEPTEMBER

ANGOLA: $500 million notes.

REPUBLIC OF KAZAKHSTAN: Dollar sukuk notes.

OCTOBER

POLSKIE GORNICTWO NAFTOWE I GAZOWNICTOW (PGNIG): €500 million bonds; BNP Paribas, Societe Generale, Unicredit; Poland-based natural gas company.

2011

SERBIA: $1 billion bonds.

SAUDI ELECTRICITY CO.: $1 billion to $1.5 billion sukuk notes; Saudi Arabia-based power generator and distributor.

REPUBLIC OF SRI LANKA: Dollar 10-year notes.

QATAR ISLAMIC BANK: $1 billion sukuk notes with tenor of more than five years; lender based in Doha, Qatar.

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

NTPC LTD.: Dollar benchmark notes due 2021; Barclays Capital, Citigroup, Deutsche Bank, RBS; Regulation S; roadshow upcoming; government-owned power generator based in Delhi, India.

AGROTON PLC: Dollar notes due 2014; VTB Capital, Dragon Capital; Regulation S; roadshow started May 10; talked at 12% area; vertically integrated agriculture company based in Lugansk, Ukraine.

MORGAN STANLEY: Real-denominated notes due May 2015; Morgan Stanley, Itau; Rule 144A/Regulation S; payable in dollars.

NITROGENMUVEK ZRT: Possible notes; BNP Paribas; roadshow May 11-13; fertilizer producer based in Petfurdo, Hungary.

THAILAND: Inflation-linked baht-denominated notes; HSBC; roadshow expected in Asia and Europe.

DOMINICAN REPUBLIC: $500 million bonds.

RAINBOW DAYS LTD.: Renminbi- or dollar-denominated notes; Bank of China, Deutsche Bank, Standard Chartered Bank; Regulation S deal; guaranteed by China Merchants Bank Ltd., a commercial bank in Shenzhen, China.

MAJID AL FUTTAIM HOLDING LLC: Notes, as part of $2 billion medium-term note program; Barclays Capital, Credit Agricole, HSBC, Standard Chartered Bank; roadshow upcoming; real estate developer based in Dubai.

ZIJIN MINING GROUP CO. LTD.: Dollar notes; BOCI Asia Ltd.; proceeds for overseas activities, including as capital for acquiring copper concentrates overseas for a subsidiary's smelter project; metals producer and refiner based in Fujian, China.

BEIJING ENTERPRISES WATER GROUP LTD.: Renminbi notes; Goldman Sachs, Bank of America Merrill Lynch, Morgan Stanley; Regulation S; proceeds for shareholder loans to subsidiaries, to finance capital expenditures, for general corporate purposes and for working capital; Hong Kong-based investment holding company that focuses on sewage and water treatment.

2012

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

ON THE HORIZON

EGYPT: $1 billion notes due 2016.

INDUSTRIAL DEVELOPMENT BANK OF INDIA LTD. (IDBI BANK): $250 million seven-year notes; Swiss franc-denominated notes; BNP Paribas, Credit Suisse, UBS; lender based in Mumbai, India.

KB KOOKMIN BANK: Possible notes; BNP Paribas, JPMorgan, ING, RBS, UBS; roadshow started May 30; lender based in Seoul, South Korea.

KOREA HYDRO & NUCLEAR POWER (KHNP): Possible notes; Barclays Capital, Goldman Sachs, Morgan Stanley, RBS and Samsung Securities; Seoul, South Korea-based subsidiary of Korea Electric Power Corp. (Kepco).

OJSC OTP BANK; Possible notes; BNP Paribas, Deutsche Bank; lender based in Budapest.

CLP POWER HONG KONG LTD.: 10-year dollar notes; Hong Kong-based electric company.

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

GLOBAL BIO-CHEM TECHNOLOGY GROUP CO. LTD.: Bonds; HSBC; Regulation S; proceeds for repayment of existing debt; Hong Kong-based manufacturer and seller of corn-related products.

COSTA RICA: Possible notes.

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.

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

PROVINCE OF BUENOS AIRES: $500 million bonds.

GLOBAL DAIRY HOLDINGS LTD.: Renminbi notes; Bank of America 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.

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.

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.

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.

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.

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.

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.

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

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 May 10: AGROTON PLC: Dollar notes; VTB Capital, Dragon Capital.

May 11-13: NITROGENMUVEK ZRT: Possible notes; BNP Paribas.

Started May 30: KB KOOKMIN BANK: Possible notes; BNP Paribas, JPMorgan, ING, RBS, UBS.

Started June 2: OJSC OTP BANK; Possible notes; BNP Paribas, Deutsche Bank.

Started June 6: KOREA HYDRO & NUCLEAR POWER (KHNP): Possible notes; Barclays Capital, Goldman Sachs, Morgan Stanley, RBS and Samsung Securities.

June 6-10: ELERING AS: Notes; Deutsche Bank, Nordea Markets.

June 6-10: BANCO SANTANDER CHILE: Possible notes; Bank of America Merrill Lynch, JPMorgan, Santander.

June 8-14: OAO PROBUSINESSBANK: Dollar notes; BCP Securities, UBS.

Started June 14: ESSAR SERVICES MAURITIUS/AEGIS LTD.: $300 million senior notes due 2016; Deutsche Bank Securities Inc., UBS Investment Bank, Standard Chartered Bank.

Started June 14: SAN ANTONIO INTERNACIONAL LTD.: $500 million seven- to 10-year notes; Deutsche Bank, HSBC, Itau, Pareto Securities.

June 15-20: DENIZBANK AS: Benchmark bonds; Bank of America Merrill Lynch, Citigroup, HSBC, JPMorgan

June 20-24: REPUBLIC OF COLOMBIA: Possible notes; Bank of America Merrill Lynch, Barclays Capital, Citigroup.

Starting June 27: REPUBLIC OF CROATIA: Euro-denominated benchmark notes; Deutsche Bank, HSBC, Unicredit.

June 27-29: BANCO BTG PACTUAL SA: Benchmark-sized notes; BTG Pactual, JPMorgan, Bradesco BBI.

Upcoming: NTPC LTD.: Dollar benchmark notes due 2021; Barclays Capital, Citigroup, Deutsche Bank, RBS.

Upcoming: DOLPHIN ENERGY LTD. LLC: Notes not to exceed $1.93 billion; RBS, BNP Paribas, Abu Dhabi Commercial Bank, Mitsubishi UFJ Securities, Societe Generale.

Upcoming: MAJID AL FUTTAIM HOLDING LLC: Notes, as part of $2 billion medium-term note program; Barclays Capital, Credit Agricole, HSBC, Standard Chartered Bank.

Upcoming: KOREA HOUSING FINANCE CORP: Dollar notes (expected rating: Aa3); BNP Paribas, Nomura, Standard Chartered Bank.

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