Emerging markets calendar

MARCH 1 WEEK

ALLIANCE OIL CO. LTD.: Benchmark dollar-denominated senior unsecured global bonds due 2015 (/B+/B); BNP Paribas, Credit Suisse and JPMorgan (joint); Rule 144A/Regulation S; to refinance existing debt and general corporate purposes; oil company headquartered in Moscow; price talk 10% area; pricing expected late March 1 week (deal was postponed on Feb. 25 due to market conditions).

REPUBLIC OF HUNGARY (Baa1/BBB-/BBB): Benchmark global notes due 2020; Citigroup, Deutsche Bank; SEC registered; pricing expected during March 1 week.

REPUBLIC OF LEBANON (B2/B/B-): Benchmark dollar-denominated 10-year fixed-rated issue; BNP Paribas; guidance 6½% area.

REPUBLIC OF SOUTH AFRICA (A3/BBB+/BBB+): Dollar-denominated global bonds with expected maturity of 10 years; Deutsche Bank Securities, Standard Bank (joint), Nedbank Capital, Quartile Capital (co's); for the general purposes of the national government; pricing expected during March 1 week.

MARCH 8 WEEK

BANCO DAYCOVAL (/BB/BB): Dollar-denominated senior notes due 2015; Banco Itaś, Morgan Stanley, Santander; Regulation S; Sao Paulo-based banking company; roadshow starts March 4 in Switzerland, March 5 in Switzerland and Miami, March 8 in London and New York.

MARCH

BANK OF MOSCOW: Benchmark dollar-denominated global bonds; Credit Suisse plus others; financial institution is partly owned by the city of Moscow.

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

HYUNDAI MOTOR CO. (Baa3/BBB/): Investor meetings March 2-5, to be led by Barclays Capital, Bank of America Merrill Lynch, Citigroup, Goldman Sachs & Co., Nomura; will include stops in Singapore, Hong Kong, London, Boston, New York, Los Angeles; Korea-based auto manufacturer.

ON THE HORIZON

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

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.

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

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 ompany.

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

March 2-5: HYUNDAI MOTOR CO.: Investor meetings, Barclays Capital, Bank of America Merrill Lynch, Citigroup, Goldman Sachs & Co., Nomura

March 4-8: BANCO DAYCOVAL: Dollar-denominated senior notes due 2015; Banco Itaś, Morgan Stanley, Santander

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