Emerging markets calendar: GC Impsat to sell $200 million 10-year notes

WEEK OF JAN 29:

GC IMPSAT HOLDINGS I PLC: $200 million 10-year senior unsecured notes; Credit Suisse (books), Deutsche Bank; Rule 144A/Regulation S; non-callable for five years; change of control put option at 101; equity clawback of up to 35% up to 2010; to finance a portion of the roughly $367 million required for the purchase of Impsat Fiber Networks, Inc. by Global Crossing, Ltd.; corporate communications provider headquartered in Buenos Aires; guaranteed by existing and future subsidiaries, with the exception of Impsat SA, a Colombian company.

WEEK OF FEB. 5:

REPUBLIC OF INDONESIA: Expected $2 billion offering of global bonds; Citigroup; Deutsche Bank; UBS; Rule 144A/Regulation S; simultaneous roadshows in Singapore and Hong Kong Feb. 2, Dubai and Boston on Feb. 5; London and New York on Feb. 6.

KAZKOMMERTS INTERNATIONAL BV: Sterling-denominated issue of five-year bonds (Baa1/BB+/BB+); ABN Amro, Dresdner Kleinwort, JP Morgan; Regulation S; guidance in the area of Gilts plus 225 basis points, guaranteed by JSC Kazkommertsbank, the largest private bank in Kazakhstan.

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.

PT INDOFOOD SUKSES MAKMUR: $250 million to $300 million bonds; to refinance company's bonds due 2007; world's largest instant noodle maker; based in Jakarta, Indonesia.

ROADSHOWS:

Feb 2- 6: REPUBLIC OF INDONESIA: Expected $2 billion offering of global bonds; Citigroup; Deutsche Bank; UBS

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