Emerging markets calendar

ASIA

April 28 Week

COUNTRY GARDEN HOLDINGS CO. LTD.: Bonds; Goldman Sachs, JPMorgan, Bank of China International, HSBC; Rule 144A/Regulation S; proceeds to refinance the company's 2017 notes and for other existing indebtedness, as well as for general corporate purposes; Foshan, China-based real estate developer focused on large-scale residential communities.

CHINA CHENGTONG DEVELOPMENT GROUP LTD.: Renminbi notes; ABC International, Agricultural Bank of China (Hong Kong branch), Agricultural Bank of China (Singapore branch); Regulation S; conglomerate based in Hong Kong.

2014

CLP POWER HONG KONG LTD.: Possible notes; HSBC; roadshow ahead; China-based utility.

MANILA ELECTRIC CO. (MERALCO): $250 million-$300 million notes; Pasig City, Philippines-based electrical power distributor.

SAPURAKENCANA BHD.: Dollar sukuk; proceeds to refinance debt and finance acquisition; oilfield services provider in Kuala Lumpur.

On The Horizon

BANGLADESH: $1 billion notes by 2015; proceeds for infrastructure projects.

EMERGING EUROPE & CENTRAL ASIA

2014

RUSSIAN RAILWAYS: RUB 25 billion notes.

TURKIYE IS BANKASI AS (ISBANK): As much as $5 billion of bonds; lender based in Istanbul.

BULGARIA: Up to €1 billion of bonds; Citigroup, HSBC, JPMorgan.

INTERNATIONAL BANK OF AZERBAIJAN: $500 million notes; government-controlled bank based in Baku, Azerbaijan.

CITY OF PRAGUE: €200 million bonds.

SEKERBANK TAS: Up to $300 million of bonds; Istanbul-based lender.

KAZAKHSTAN: Possible notes.

LATIN AMERICA

April 28 Week

FERMACA ENTERPRISES S DE RL DE CV: $527 million notes due March 2038 (expected ratings: Baa2//BBB-); Citigroup, Deutsche Bank; Rule 144A/Regulation S; roadshow April 24-30; owner and operator of gas pipelines in the Mexican states of Queretaro and Chihuahua.

2014

ECUADOR: Up to $700 million of notes; proceeds for infrastructure projects.

BANCO BICE: Swiss franc notes; Santiago, Chile-based lender.

CONCESIONARIA MEXIQUENSE SA DE CV (CONMEX): International bonds; Mexico-based leader of financing, design and building of sections of the Mexico City Ring Road Circuito Exterior Mexiquense.

BUENOS AIRES, ARGENTINA: Bonds.

MIDDLE EAST & AFRICA

April 28 Week

DELEK & AVNER - YAM TETHYS LTD.: $2 billion notes due December of 2016, 2018, 2020, 2023, 2025 (expected ratings: Baa3/BBB-/); includes $400 million notes due 2016, $400 million due 2018, $400 million due 2020, $400 million due 2023, $400 million due 2025; roadshow April 29-May 7; proceeds to repay indebtedness and for general corporate purposes; Citigroup, JPMorgan and HSBC; Rule 144A/Regulation S; subsidiary of Delek Group Ltd., a fuel conglomerate based in Netanya, Israel.

Early 2014

NATIONAL COMMERCIAL BANK OF SAUDI ARABIA: Dollar Islamic bonds.

ELLOMAY CAPITAL: NIS 120 million 4.6% series A debentures due December 2023; proceeds to repay about €13.5 million of debt to Israel Discount Bank Ltd. and for its operations and other general corporate purposes; Tel Aviv company conducts business in energy and infrastructure sectors worldwide.

IVORY COAST: $1 billion eurobonds.

KENYA POWER: Global bonds; based in Nairobi, Kenya.

REPUBLIC OF TANZANIA: Up to $700 million of notes; pricing expected in the first half of the year.

2015

ZAMBIAN ELECTRICITY SUPPLY CO. (ZESCO): As much as $500 million of bonds; power company based in Lusaka, Zambia.

Roadshows

April 24-30: FERMACA ENTERPRISES S DE RL DE CV: $527 million notes due March 2038; Citigroup, Deutsche Bank.

April 29-May 7: DELEK & AVNER - YAM TETHYS LTD.: $2 billion notes due December of 2016, 2018, 2020, 2023, 2025; Citigroup, JPMorgan, HSBC.

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