Emerging markets calendar: China Cosco may issue $1 billion of notes

AFRICA & MIDDLE EAST

2013

ZAMBIAN ELECTRICITY SUPPLY CORP. LTD. (ZESCO): International bond issue; power company based in Lusaka, Zambia.

ISRAEL: $1 billion to $1.5 billion of notes.

BAHRAIN TELECOMMUNICATIONS CO. (BATELCO): Dollar notes; BNP Paribas, Citigroup.

AFRICAN DEVELOPMENT BANK: $1 billion of bonds; Tunisia-based regional development lender.

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

SENEGAL: Possible issue of international bonds.

On The Horizon

DUBAI ELECTRICITY AND WATER AUTHORITY: Sukuk notes.

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

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

ASIA

2013

CHINA COSCO HOLDINGS CO. LTD.: Possible $1 billion of notes issued by subsidiary Cosco Pacific Ltd.; Beijing, China-based shipping company.

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.

EMERGING EUROPE & CENTRAL ASIA

2013

ASYA KATILIM BANKASI AS (BANK ASYA): Dollar-denominated issue of sukuk notes; lender based in Istanbul.

CITY OF PRAGUE: €200 million 10-year notes; issuance expected in the first quarter of the year.

ALBARAKA TURK KATILIM BANKASI AS: $200 million five-year notes; banking group based in Istanbul.

AKBANK TAS: Up to $1 billion of eurobonds by the end of the year; Adana, Turkey-based lender.

JSC GAZPROM NEFT: Up to $2.2 billion of international or local bonds; Moscow-based oil producer and part of gas company OJSC Gazprom.

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.

LATIN AMERICA & THE CARIBBEAN

2013

DOMINICAN REPUBLIC: Possible notes.

CENTRAL AMERICAN BANK FOR ECONOMIC INTEGRATION (CABEI): Possible three- to five-year issue of up to RMB 500 million notes; microfinance lender based in Tegucigalpa, Honduras.

BANCO DAVIVIENDA SA: $300 million notes; lender based in Bogota, Colombia.

© 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.