Emerging markets calendar

FEBRUARY 8 WEEK

HYUNDAI CARD CORP.: Global bonds; Barclays Capital, credit card unit of Korea-based Hyundai Motor Group; roadshow started Jan. 20.

RCS & RDS: $200 million senior unsecured notes due 2017 (B+); Citigroup; non-callable for four years; to repay bank debt, fund acquisitions, fund capital expenditures and general corporate purposes; Bucharest, Romania-based telecommunications company; Europe and U.S. roadshows during Feb. 8 week; pricing expected late Feb. 8 week.

VNESHECONOMBANK (VEB): Eurobonds; Barclays, Citigroup, HSBC, Societe Generale, ING, Troika Dialog and VTB Capital; Moscow-based Bank for Development and Foreign Economic Affairs.

FEBRUARY

ALLIANCE OIL CO. LTD. (/B+/B): Benchmark dollar-denominated global bonds; BNP Paribas, Credit Suisse and JPMorgan; Rule 144A/Regulation S; oil company headquartered in Moscow; roadshow Feb. 16-17 in London, Feb. 18 in Zurich and Geneva, Feb. 22 in Los Angeles, Feb. 23 in Boston, Feb. 24 in New York.

CITY OF BUENOS AIRES (B2/B-/B): Non-deal roadshow in Europe and United States for possible dollar-denominated bonds; Credit Suisse; started Jan. 29 in Europe, Feb. 1 in United States.

ON THE HORIZON

RUSSIAN FEDERATION: Eurobonds; Barclays Capital, Citigroup, Credit Suisse, VTB Capital.

SONGA OFFSHORE SE: $200 million senior notes due 2017; Citigroup; Rule 144A/Regulation S; to refinance debt and for general corporate purposes; drilling contractor, based in Limassol, Cyprus; roadshow started Jan. 27; talked at 10¼% area.

DOMINICAN REPUBLIC: Expected benchmark dollar-denominated sovereign global bonds; Barclays Capital, Citigroup; timing and structure to be determined.

GULF INVESTMENT BANK: Expected dollar-denominated bonds or sukuk offering; Barclays Capital, GIB Financial, HSBC, UBS; timing and structure to be determined.

LATVIA: Planned euro-denominated offering of notes; Citigroup, Credit Suisse

ROMANIA: Benchmark-sized euro-denominated bonds; Deutsche Bank, EFG Eurobank, HSBC

SLOVENIA: Euro-denominated benchmark-sized bond (Aa2/AA/AA); HSBC, RBS, Societe Generale, UniCredit Banka Slovenija (joint books)

UNITED GULF BANK BSC (Baa3): Possible dollar-denominated global bond offering; Calyon Securities, Standard Chartered Bank; Regulation S; Bahrain-based company is 95% owned by Kuwait Projects Co. (Kipco); pending market conditions (non-deal roadshow concluded Feb 8 week).

LOCAL CURRENCY

JSC POLYMETAL: RUB 5 billion of three-year bonds; Saint Petersburg, Russia-based mining company.

REGIONAL CONTAINER LINES PCL: 5 billion baht five-year unsecured unsubordinated debentures; Bangkok-based shipping company.

YANG MING MARINE TRANSPORT CORP.: Up to NT$5 billion secured straight bond; refinance bond due 2011; Taiwan-based shipping company.

ROADSHOWS

Started Jan. 20: HYUNDAI CARD CORP.: Global bonds; Barclays Capital

Started Jan. 29: CITY OF BUENOS AIRES: Non-deal roadshow in Europe and United States for possible dollar-denominated bonds; Credit Suisse

Feb. 8 week: RCS & RDS: $200 million senior unsecured notes due 2017; Citigroup

Feb. 16-24: ALLIANCE OIL CO. LTD.: Benchmark dollar-denominated global bonds; BNP Paribas, Credit Suisse and JPMorgan

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