Emerging markets calendar

LATIN AMERICA

June 26 Week

PAMPA ENERGIA SA:

• Roadshow to begin for up to $500 million of Argentine-peso-denominated, five-year notes

• Proceeds of the notes (provisional B3/B) will be used to finance capital expenditures

• Rule 144A/Regulation S

• Bookrunners include Bank of America Merrill Lynch and Citigroup

• Buenos Aires-based energy company (electricity, oil and gas)

GROUPO KUO, SAB DE CV:

• Began a roadshow on June 22 for a proposed $350 million offering of 10-year senior notes

• Proceeds of the notes (/BB/BB) will be used to refinance the issuer’s $325 million of senior notes due 2022

• Tender offer for the notes began last Thursday; Merrill Lynch, Pierce, Fenner & Smith Inc. are dealer managers

• Mexico City-based chemical, automotive and food conglomerate

REPUBLIC OF URUGUAY:

• Offering new Rule 144A and Regulation S bonds as part of a local exchange offer

• New bonds will be exchanged for the exchanged bonds on or after June 20

On The Horizon

CABLEVISION SA:

• Plans $50 million of class B fixed notes

• To be issued under the company’s $1 billion global notes program

• Argentine cable television company subsidiary

2017

LA RIOJA:

• $200 million notes

• UBS, Puente Hnos SA

• Province in Argentina.

GRUPO LOS GROBO:

• Dollar notes

• Buenos Aires-based agribusiness.

COSTA RICA:

• $1 billion of 30-year notes

• Deutsche Bank, HSBC.

COLOMBIA:

• Euro notes

• BBVA, Goldman Sachs, JPMorgan

• Securities and Exchange Commission registered

• Includes a make-whole call

• Proceeds for general budgetary purposes.

ASIA

June 26 Week

SAMVARDHANA MOTHERSON AUTOMOTIVE SYSTEMS GROUP BV:

• Expected to offer €300 million of seven-year senior secured bonds (expected: /BB+/BBB-) following roadshow

• Roadshow will begin on June 26

• Will offer the notes under Rule 144A and Regulations S

• Financing subsidiary of Noida, India-based auto parts maker Samvardhana Motherson Group

CHINA GOLD INTERNATIONAL RESOURCES CORP. LTD.:

• Began a roadshow on June 21 for a proposed offering of dollar-denominated fixed-rate senior bonds

• Skyland Mining (BVI) Ltd. will issue the bonds

• Proceeds of the notes will go toward refinancing existing debt, funding working capital, general corporate purposes

• China Gold is based in Vancouver, B.C. and operates mines in China

On The Horizon

AXIS BANK LTD.:

• Plans to issue up to Rs. 35 billion of series 28 unsecured subordinated perpetual debentures

• Additional tier 1, Basel 3 compliant notes would be issued with a face value of Rs. 1 million each

• Mumbai-based bank

AYALA CORP.:

• Board of directors approved up to PHP 30 billion of debt securities at its meeting on June 23

• Securities will be sold in one or more tranches through public offerings under a three-year shelf registration with the Philippine Securities and Exchange Commission

• Makati City, Philippines-based conglomerate

CHINA HUARONG ASSET MANAGEMENT CO., LTD.:

• Proposing to issue up to RMB 20 billion of offshore preference shares

• Preference shares will be sold at or above par

• Proposed issuance is subject to shareholders’ approval at an upcoming meeting

• State-owned asset manager is based in Beijing

CHINA GOLD INTERNATIONAL RESOURCES CORP. LTD.:

• Began a roadshow on June 21 for a proposed offering of dollar-denominated fixed-rate senior bonds

• Skyland Mining (BVI) Ltd. will issue the bonds

• Proceeds of the notes will go toward refinancing existing debt, funding working capital, general corporate purposes

• China Gold is based in Vancouver, B.C. and operates mines in China

ASTRO MALAYSIA HOLDINGS BHD.:

• Up to RM 3 billion medium-term notes

• To be issued through Measat Broadcast Network Systems Sdn. Bhd.

• CIMB Investment Bank Bhd. and RHB Investment Bank Bhd. are joint lead arrangers

• Proceeds to finance licensing costs, purchase equipment, for capital expenditures and refinance any maturing MTNs

• Kuala Lumpur, Malaysia-based satellite television and radio operator

TECHTRONIC INDUSTRIES CO. LTD.:

• Launched up to $500 million medium-term notes

• Citigroup and HSBC are joint arrangers and dealers

• To be distributed under Regulation S

• Program to be listed on the Stock Exchange of Hong Kong Ltd.

• Hong Kong-based electrical and electronic products manufacturing and trading company

HON HAI PRECISION INDUSTRY CO., LTD.:

• Plans to issue up to NT$27 billion of unsecured corporate bonds at par in one or more tranches

• Proceeds will be used to repay debt and for working capital

• Tu-cheng, Taiwan, manufacturer of computer connectors, cable assemblies and enclosures

FAR EASTONE TELECOMMUNICATIONS CO., LTD.:

• Plans to issue up to NT$5 billion of corporate bonds with maturities of up to seven years

• Fixed-rate bonds will be sold at par in one or more public offerings

• Proceeds will be used to repay debt

• Taipei, Taiwan-based telephone company

EUROPE/CENTRAL ASIA

June 26 Week

EUROCHEM GLOBAL INVESTMENTS LTD.:

• Expected to come to market June 19 week with dollar-denominated notes

• Finished roadshow on June 15

• Moscow-based fertilizer company

TAURON POLSKA ENERGIA SA:

• Will offer €500 million fixed-rate bonds with a maturity between seven and 10 years

• Roadshow commenced on June 20 and will end on June 26

• JPMorgan, MUFG and Santander are joint lead managers and bookrunners, PKO BP will act as co-manager

AFRICA/MIDDLE EAST

June 26 Week

NASPERS LTD.:

• Expected to offer Rule 144A/Regulation S dollar-denominated 10-year bonds following an investor roadshow

• To be issued through wholly-owned subsidiary, Myriad International Holdings BV

• Barclays, Citigroup and JPMorgan are joint global coordinators and bookrunners for the deal; BofA Merrill Lynch and BNP Paribas are also joint bookrunners

• Proceeds of the deal will be used to repay Myriad’s existing notes that mature in July 2017

• Mass media company based in Cape Town

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