Emerging markets calendar

ASIA

Nov. 10 Week

KOREA EAST-WEST POWER CO. LTD.: Dollar notes; Barclays, BNP Paribas, BofA Merrill Lynch, Citigroup, Credit Suisse, HSBC, UBS; electricity generator and supplier in Seoul, South Korea.

COFCO LAND HOLDINGS LTD.: Dollar notes; Goldman Sachs (Asia) LLC, BOCI Asia Ltd., HSBC Ltd., DBS Bank Ltd., J.P. Morgan Securities plc, ANZ Banking Group Ltd., Bank of Communications Co., Ltd., Industrial and Commerical Bank of China (Asia) Ltd.; Regulation S; based in Hong Kong.

INDIABULLS FINANCIAL SERVICES LTD.: Benchmark dollar notes due in five years (expected ratings: B1/B+/B+), to be issued by subsidiary Century Ltd.; Deutsche Bank; roadshow started Oct. 16; talked at 10º% area; Regulation S; retail financial services company based in New Delhi.

WANHUA CHEMICAL GROUP CO. LTD.: Possible notes; JPMorgan, HSBC; roadshow starts Nov. 10; Yantai, China-based chemical company.

2014

SK E&S CO. LTD.: Dollar perpetual notes; Barclays, Citigroup, Goldman Sachs, JPMorgan, UBS; natural gas and electricity company based in Seoul.

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

SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORP.: Dollar-denominated senior notes; Deutsche Bank Securities Inc., J.P. Morgan Securities LLC; made-to-order chip supplier based in Shanghai.

TIANNENG POWER INTERNATIONAL LTD.: RMB 400 million of six-year corporate bonds; New Times Securities Co. Ltd.; proceeds will be used for investments in business projects, including newly developed batteries production capacity expansion and recycled lead production capacity expansion; Hong Kong-based company makes battery products for electric vehicles.

On The Horizon

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

EMERGING EUROPE & CENTRAL ASIA

Nov. 10 Week

KOMPANIA WEGLOWA SA: Dollar benchmark notes due in five years (B1/B+/); Barclays, BNP Paribas, Deutsche Bank; Rule 144A/Regulation S; coal mining company based in Katowice, Poland.

KAZSTROYSERVICE GLOBAL BV: Dollar notes; Deutsche Bank, Halyk Finance, JPMorgan, VTB; Regulation S; roadshow started Nov. 5; engineering, procurement and construction company is based in Almaty, Kazakhstan.

Fall 2014

KATOWICKI HOLDING WEGLOWY SA: Euro notes; coal mining company based in Katowice, Poland.

BANK GOSPODARSTWA KRAJOWEGO: €500 million notes due in 10 years; BNP Paribas, HSBC, Societe Generale; lender based in Warsaw.

SERBIA: Up to $750 million of dollar or euro notes.

JSC EURASIAN BANK: $500 million of notes; Regulation S; bank based in Almaty, Kazakhstan.

2015

CROATIA: Bonds.

LATIN AMERICA

Nov. 17 Week

BANCO SANTANDER CHILE: Possible notes; Deutsche Bank, Santander GBM; roadshow Nov. 17-21; lender based in Santiago, Chile.

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.

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

MIDDLE EAST & AFRICA

Nov. 10 Week

FIRSTRAND BANK LTD.: Dollar notes; Citigroup, Mitsubishi UFG, RMB; Regulation S; wholly owned subsidiary of FirstRand Ltd., a financial services company based in Johannesburg.

2014

DUBAI AVIATION CORP. (FLYDUBAI): Islamic bonds; Credit Agricole CIB, Dubai Islamic Bank, Emirates NBD, HSBC, National Bank of Abu Dhabi, Noor Bank and Standard Chartered Bank; Regulation S; low-cost airline based in Dubai.

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.

JORDAN: $1 billion U.S.-backed notes.

ETHIOPIA: 10-year notes by end of 2014.

2015

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

KENYA COMMERCIAL BANK: At least $250 million of bonds.

BANKMUSCAT: Islamic bonds; lender based in Muscat, Oman.

Roadshows

Started Nov. 5: KAZSTROYSERVICE GLOBAL BV: Dollar notes; Deutsche Bank, Halyk Finance, JPMorgan, VTB.

Starting Nov. 10: WANHUA CHEMICAL GROUP CO. LTD.: Possible notes; JPMorgan, HSBC.

Nov. 17-21: BANCO SANTANDER CHILE: Possible notes; Deutsche Bank, Santander GBM.

Upcoming: KOREA EAST-WEST POWER CO. LTD.: Dollar notes; Barclays, BNP Paribas, BofA Merrill Lynch, Citigroup, Credit Suisse, HSBC, UBS.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.