Emerging markets calendar: Buenos Aires to price $425 million notes

WEEK OF FEB. 26:

OJSC GAZPROM (A3/BBB/BBB-): Multiple-tranche benchmark-sized offering of global bonds; Credit Suisse, Morgan Stanley (joint books); Rule 144A/Regulation S; simultaneous investor presentations in both Europe and the United States; U.S. leg in Los Angeles on Feb. 26, Boston on Feb. 27, New York on Feb. 28, London from Feb. 26-27; pricing expected following roadshow, subject to market conditions; Russian state-controlled gas monopoly

PROVINCE OF BUENOS AIRES (B3/B+): $425 million offering of fixed-rate senior amortizing notes due March 2028; Barclays Capital, Deutsche Bank; Rule 144A/Regulation S; non-callable; for general corporate purposes, to pay debt amortization, to fund capital expenditures; expected to take place on Wednesday; price guidance set at 9½% area.

BITE LIETUVA (via BITE FINANCE INTERNATIONAL BV): €300 million in two parts: €185 million senior secured notes (/B/B) and €115 million subordinated floating-rate notes (/CCC+/CCC+); Deutsche Bank; to fund the acquisition of the company by an investor group led by Mid Europa Partners; Vilnius, Lithuania-based wireless company operating in Lithuania and Latvia; roadshow Feb. 27-28 in London, March 1 in Paris and Frankfurt.

PROMSVYAZBANK (RUSSIA): reopening of 8¾% senior bonds due 2011 (Ba3/B+/B+) to add $100 million; Citigroup; Regulation S; private commercial and retail bank based in Moscow; expected to price this week, pending market conditions.

MARCH:

MIRAX GROUP: $100 million credit-linked notes due 2011; MDM Bank; to fund construction projects in Kiev, Ukraine; conglomerate based in Moscow and St. Petersburg involved in property development and management, construction, and pharmaceuticals; initial price guidance 9% to 9½%; to launch and price following Asian and European roadshow, subject to market conditions; to pricing in March, according to company press release.

ON THE HORIZON

HUNGARIAN TELEPHONE AND CABLE CORP. (HTTC): €200 million floating-rate notes; Merrill Lynch & Co., BNP Paribas, Calyon Securities; in connection with HTTC's acquisition of Invitel; HTTC, 62% owned by Danish telecom, TDC, with remaining shares traded on Nasdaq, has headquarters in Budapest and Seattle; expected in second quarter of 2007.

HOME CREDIT & FINANCE BANK RUSSIA: Dollar-denominated eurobonds; ABM Amro, BNP Paribas; expected to take place during the first half of this year; Russian arm of consumer lending group Home Credit.

ROADSHOWS

Feb. 26-28: OJSC GAZPROM: Multiple-tranche benchmark-sized offering of global bonds; Credit Suisse, Morgan Stanley (joint books)

Feb. 27-March 1: BITE LIETUVA (via BITE FINANCE INTERNATIONAL BV): €300 million in two parts: €185 million senior secured notes and €115 million subordinated floating-rate notes; Deutsche Bank

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