Emerging markets calendar

ASIA

June 2 Week

KOREA NATIONAL OIL CORP. (KNOC): Bonds; Barclays, BNP Paribas, Citigroup, Deutsche Bank, Societe Generale.

SINOTRANS LTD.: Renminbi notes; HSBC, Morgan Stanley, Bank of China, ABC International; Regulation S; proceeds will be on-lent by the issuer to Sinotrans (Hong Kong) Logistics Ltd. in the form of a loan; net proceeds will be used for repayment of existing debt and for general corporate purposes; roadshow began May 29; Beijing-based provider of logistics services to large-scale domestic and international industrial projects.

CHINA MERCHANTS BANK CO. LTD.: Dollar notes; BofA Merrill Lynch, HSBC, Standard Chartered Bank (Hong Kong); Regulation S; BofA Merrill Lynch, HSBC, Standard Chartered Bank (joint global coordinators); BNP Paribas, Citigroup, JPMorgan, Wing Lung Bank (joint bookrunners, joint leads); roadshow began June 3; lender based in Shenzhen, China.

THE REPUBLIC OF KOREA: Euro- and dollar-denominated notes; Barclays, BofA Merrill Lynch, Credit Suisse, Deutsche Bank, Goldman Sachs, JPMorgan, KDB Bank, Samsung Securities; Securities and Exchange Commission registered; proceeds will become part of the sovereign's Foreign Exchange Stabilization Fund, which is used for selling and purchasing foreign currencies, depositing or lending to the Bank of Korea and others, guaranteeing debt and paying foreign currency debt.

BAIDU INC.: Dollar notes; JPMorgan, Goldman Sachs; Securities and Exchange Commission registered; proceeds for general corporate purposes; make-whole call; Chinese-language Internet search provider based in Beijing.

2014

INDONESIA: Islamic bonds; CIMB, Emirates NBD, HSBC, Standard Chartered Bank.

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.

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

June 2 Week

PKN ORLEN: Up to €1 billion in notes with maximum tenor of 10 years; BNP Paribas, HSBC, UniCredit, Santander; oil refiner based in Warsaw.

INTERNATIONAL BANK OF AZERBAIJAN: Three-year bonds; government-controlled bank based in Baku, Azerbaijan.

OJSC ALFA BANK: Euro notes; Alfa Bank, Commerzbank, UBS; Regulation S; commercial lender based in Moscow.

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.

CITY OF PRAGUE: €200 million bonds.

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

KAZAKHSTAN: Possible notes.

LATIN AMERICA

June 2 Week

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

BANCO DO BRASIL SA: Dollar notes (expected ratings: Ba3/B+/); BB Securities, BNP Paribas, Citigroup, HSBC, JPMorgan, Standard Chartered Bank; Rule 144A/Regulation S; roadshow June 2-10; lender based in Brasilia, Brazil.

June 9 Week

RIOPREVIDENCIA: Dollar notes due April 6, 2024 (expected ratings: /BBB-/BBB); BB Securities, BNP Paribas; Rule 144A/Regulation S; roadshow June 4-10; public pension fund for Rio de Janeiro.

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.

BANCO PENTA: Bonds; lender based in Santiago, Chile.

MIDDLE EAST & AFRICA

June 9 Week

MOROCCO: Euro notes; BNP Paribas, Commerzbank, Natixis; roadshow starts June 6; Regulation S.

EMAAR MALLS GROUP: Bonds; subsidiary of Dubai-based Emaar Properties.

June

ETISALAT: Possible notes; Deutsche Bank, Goldman Sachs, HSBC, RBS; roadshow begins June 1; Abu Dhabi-based telecommunications company.

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

KENYA: Notes.

MOROCCO: Euro notes; BNP Paribas, Commerzbank, Natixis; roadshow starts June 6; Regulation S.

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 29: SINOTRANS LTD.: Renminbi notes; HSBC, Morgan Stanley, Bank of China, ABC International.

Started June 1: ETISALAT: Possible notes; Deutsche Bank, Goldman Sachs, HSBC, RBS.

June 2-10: BANCO DO BRASIL SA: Dollar notes; BB Securities, BNP Paribas, Citigroup, HSBC, JPMorgan, Standard Chartered Bank.

Started June 3: CHINA MERCHANTS BANK CO. LTD.: Dollar notes; BofA Merrill Lynch, HSBC, Standard Chartered Bank (Hong Kong) (joint global coordinators); BNP Paribas, Citigroup, JPMorgan, Wing Lung Bank (joint bookrunners, joint leads).

June 4-10: RIOPREVIDENCIA: Dollar notes due April 6, 2024; BB Securities, BNP Paribas.

Starting June 6: MOROCCO: Euro notes; BNP Paribas, Commerzbank, Natixis.

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