Emerging markets calendar

ASIA

Aug. 4 Week

SHANGHAI ELECTRIC GROUP CORP.: Dollar notes; Goldman Sachs, Deutsche Bank, JPMorgan, Barclays, BNP Paribas, Guotai Junan, Huatai Financial, ICBC International; Regulation S; roadshow started Aug. 4.

CHINA MERCHANTS BANK CO. LTD.: $500 million notes due in five years (expected rating: /BBB+/); ANZ, HSBC, Morgan Stanley, UBS, CMB International Capital, Credit Suisse, Wing Lung Bank; Regulation S; talked at Treasuries plus 165 bps area; lender based in Shenzhen, China.

2014

MANILA ELECTRIC CO. (MERALCO): $250 million-$300 million notes; Pasig City, Philippines-based electrical power distributor.

On The Horizon

BANGLADESH: $1 billion notes by 2015; proceeds for infrastructure projects.

EMERGING EUROPE & CENTRAL ASIA

2014

BLACK SEA TRADE AND DEVELOPMENT BANK: Euro notes; financial and development institution based in Thessaloniki, Greece.

RUSSIAN RAILWAYS: RUB 25 billion notes.

CITY OF PRAGUE: €200 million bonds.

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

PAKISTAN: $1 billion in Islamic bonds.

LATIN AMERICA

Aug. 4 Week

FINANCIERA DE DESARROLLO TERRITORIAL SA (FINDETER): Possible dollar notes; BofA Merrill Lynch, Deutsche Bank; roadshow started July 30; banking company based in Bogota, Colombia.

2014

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: Up to $890 million of notes.

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

MIDDLE EAST & AFRICA

Aug. 4 Week

SEVEN ENERGY: $500 million notes due in seven years (/B-/B-); Deutsche Bank, Morgan Stanley, Standard Chartered Bank; Rule 144A/Regulation; non-callable for three years; change-of-control put at 101%; proceeds to redeem convertible bonds, to refinance existing debt and for general corporate purposes; energy company based in Lagos and London.

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.

2015

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

Roadshows

Started July 30: FINANCIERA DE DESARROLLO TERRITORIAL SA (FINDETER): Possible dollar notes; BofA Merrill Lynch, Deutsche Bank.

Started Aug. 4: SHANGHAI ELECTRIC GROUP CORP.: Dollar notes; Goldman Sachs, Deutsche Bank, JPMorgan, Barclays, BNP Paribas, Guotai Junan, Huatai Financial, ICBC International.

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