Emerging markets calendar

ASIA

May 26 Week

LOGAN PROPERTY HOLDINGS CO. LTD.: Possible notes; Citigroup, Deutsche Bank, HSBC, Goldman Sachs, JPMorgan, Citic Securities, VTB Capital, ABC International, ICBC International; roadshow started May 12; Shenzhen, China-based real estate development company.

KOREA: Possible notes; Barclays, BofA Merrill Lynch, Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan, Korea Development Bank, Samsung Securities; roadshow started May 20.

HAINAN AIRLINES CO. LTD.: Renminbi benchmark notes due in three years; JPMorgan, UBS, CCB International, CLSA, DBS Bank, Deutsche Bank, Hong Kong International Securities, ICBC; talked at 6 ¼%; Regulation S; based in Haikou, China.

2014

CENTRAL CHINA REAL ESTATE: Possible Singapore dollar-denominated notes; Credit Suisse (Singapore) Ltd., DBS Bank Ltd. and Morgan Stanley & Co. International plc; investment holding company engaged in property development business in the Henan Province of China.

GS CALTEX CORP.: Planned dollar-denominated offering of notes; BofA Merrill Lynch, Citigroup, Morgan Stanley, BNP Paribas; oil refiner based in Seoul, South Korea; roadshow begins May 20.

KOREA EXCHANGE BANK: Possible dollar-denominated notes; Mizuho Securities, Credit Agricole, Citigroup Global Markets Inc., HSBC Securities; Korea Exchange Bank; roadshow May 19 week in Asia, Europe and the United States; Seoul, South Korea-based bank.

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

May 26 Week

KAZAKHSTAN TEMIR ZHOLY FINANCE BV: Swiss franc notes; Credit Suisse, Deutsche Bank, HSBC, UBS; Regulation S; roadshow started May 20; Astana, Kazakhstan-based railway operator.

POLSKA GRUPA ENERGETYCZNA SA (PGE): Euro notes; BNP Paribas, Citigroup, ING, Societe Generale CIB; Regulation S; roadshow starts May 26; Warsaw-based power company.

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

May 26 Week

YPF SA: Up to $500 million or its equivalent; Securities and Exchange Commission-registered; petroleum and natural gas company based in Buenos Aires.

BRAZIL: $1 billion of 30-year notes.

BANCO INBURSA SA, INSTITUCION DE BANCA MULTIPLE, GRUPO FINANCIERO INBURSA (BANCO INBURSA): Dollar notes (expected ratings: /BBB+/BBB+); Credit Suisse, BofA Merrill Lynch, Citigroup; Regulation S; roadshow May 26-28; banking company based in Mexico City.

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: Bonds.

MIDDLE EAST & AFRICA

June

TUNISIA: $500 million issue of United States-backed notes.

KENYA: Notes.

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.

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

REPUBLIC OF TANZANIA: Up to $1 billion of notes; pricing expected in the second half of the year.

SENEGAL: Possible dollar notes.

2015

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

Roadshows

Started May 12: LOGAN PROPERTY HOLDINGS CO. LTD.: Possible notes; Citigroup, Deutsche Bank, HSBC, Goldman Sachs, JPMorgan, Citic Securities, VTB Capital, ABC International, ICBC International.

Started May 14: SHANGHAI PUDONG DEVELOPMENT BANK CO. LTD.: Renminbi notes; HSBC, Standard Chartered Bank, Bank of China, Citigroup, HSBC, Shanghai Pudong Development Bank.

Started May 19: KOREA EXCHANGE BANK: Dollar-denominated notes; Mizuho Securities, Credit Agricole, Citigroup Global Markets Inc., HSBC Securities, Korea Exchange Bank.

Started May 20: KAZAKHSTAN TEMIR ZHOLY FINANCE BV: Swiss franc notes; Credit Suisse, Deutsche Bank, HSBC, UBS.

Started May 20: KOREA: Possible notes; Barclays, BofA Merrill Lynch, Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan, Korea Development Bank, Samsung Securities.

Started May 20: GS CALTEX CORP.: Dollar notes; BofA Merrill Lynch, Citigroup, Morgan Stanley, BNP Paribas; oil refiner based in Seoul, South Korea.

Starting May 26: ISRAEL ELECTRIC CORP. LTD.: Non-deal roadshow; Barclays.

Starting May 26: POLSKA GRUPA ENERGETYCZNA SA (PGE): Euro notes; BNP Paribas, Citigroup, ING, Societe Generale CIB.

May 26-28: BANCO INBURSA SA, INSTITUCION DE BANCA MULTIPLE, GRUPO FINANCIERO INBURSA (BANCO INBURSA): Dollar notes; Credit Suisse, BofA Merrill Lynch, Citigroup.

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