Emerging markets calendar

LATIN AMERICA

On The Horizon

CREDITVALORES-CREDISERVICIOS SAS:

• Up to $300 million of dollar-denominated five-year notes

• Talked in the mid to high 9% range

• Proceeds to be used for refinancing and general corporate purposes

• Credit Suisse and BCP Securities are bookrunners

• Rule 144A and Regulation S

• Bogota, Cololmbia-based consumer lender

EMPRESA PROVINCIAL DE ENERGIA DE CORDOBA:

• Up to $100 million of dollar-denominated notes

• Proceeds to repay existing debt with wholesale market administrator and for working capital

• Bookrunners include BofA Merrill Lynch and Citigroup

• Rule 144A and Regulation S

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

PAMPA ENERGIA SA:

• 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

• Bookrunners include BofA Merrill Lynch and Citigroup

• Rule 144A and Regulation S

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

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

On The Horizon

CHINA RESOURCES LAND LTD:

• Up to RMB 5 billion in two tranches of medium-term notes

• Including RMB 3.5 billion three-year notes and RMB 1.5 billion five-year notes

• Citic Securities Co. Ltd. and Agricultural Bank of China Ltd. are joint lead underwriters

• Proceeds to be used for development of company projects and additional liquidity

• Hong Kong-based property developer

CHINA JINJIANG ENVIRONMENT HOLDING CO. LTD.:

• Roadshow began July 17 for dollar-denominated offering of senior notes

• Regulation S

• Morgan Stanley & Co. International plc global coordinator and bookrunner

• Application being made to list the notes on the Singapore Exchange

• A waste-to-energy company in China

GEO ENERGY RESOURCES LTD.:

• Roadshow began July 10 for dollar-denominated offering of fixed-rate five-year senior notes

• Geo Coal International Pte. Ltd., a subsidiary, will issue the notes

• Rule 144A and Regulation S notes

• JPMorgan and Deutsche Bank will act as joint global coordinators, bookrunners and lead managers; BOC International will act as joint bookrunner and lead manager

• Coal mining company based in Singapore

MAHINDRA & MAHINDRA LTD.:

• Opened an issue of up to Rs. 20 billion of unsecured subordinated redeemable debentures due in seven, 10 and 15 years on July 10

• 7Ύ% coupon for the seven year notes, 7.9% coupon for the 10-year notes and 7.95% for the 15 year notes

• Offering will close on July 28

• Plans to sell up to Rs. 2.5 billion of the subordinated debentures with an over-allotment option for another Rs. 17.5 billion

• Mumbai-based manufacturer of tractors and light commercial vehicles

CHINA NATIONAL CHEMICAL CORP.:

• Dollar-denominated senior bonds (expected: /BBB/A-)

• Roadshow July 5 to July 11 in Asia and Europe

• Will be issued through CNAC (HK) Finbridge Co. Ltd.

• Proceeds to refinance the company’s existing debt and for general corporate purposes

• State-owned chemical company based in Beijing

YINSON JUNIPER LTD:

• $500 million multi-currency perpetual securities program

• Securities will be guaranteed by parent Yinson Holdings Bhd.

• Standard Chartered Bank is the advisor, arranger and dealer

• Singapore Exchange listing sought

• Proceeds will be for general corporate purposes

• Kuala Lumpur-based oil and gas services company

ENN ENERGY HOLDINGS LTD.:

• Dollar-denominated unsecured bonds

• Roadshow began July 11

• Citigroup, Nomura, BNP Paribas, BOCI Asia, China Merchants, HSBC, ICBC International and Morgan Stanley & Co. International are joint bookrunners

• Regulation S

• Proceeds to refinance existing debt

• Cayman Islands incorporated gas operator and distributor in China

LONGFOR PROPERTIES CO. LTD.:

• International offering of notes

• Goldman Sachs, Haitong International and Morgan Stanley are the joint global coordinators

• Bank of China (Hong Kong) and HSBC are joint bookrunners and lead mangers

• Regulation S

• Proceeds to refinance existing debt

• Beijing investment holding company

21VIANET GROUP INC.:

• Dollar-denominated senior notes following a roadshow began July 6

• Barclays and Credit Suisse will act as joint bookrunners

• Regulation S

• Proceeds to refinance outstanding debt, to fund capital needs and for general corporate purposes

• Beijing-based carrier-neutral internet data center services provider

METALLURGICAL CORP. OF CHINA LTD:

• RMB 3 billion of three-year corporate bonds, plus an over-allotment option for RMB 2 billion

• To be sold at par at a 4% to 5% coupon

• Industrial Securities Co. is lead underwriter

• Proceeds to replenish working capital

• Beijing-based brokerage

ABOITIZ POWER CORP.:

• Plans public offerings for up to PHP 30 billion of fixed-rate bonds in tranches

• Power generation company and subsidiary of Aboitiz Equity Ventures Inc. based in Taguig City, Philippines

DIGITAL CHINA HOLDINGS LTD.:

• Plans to issue up to RMB 1.3 billion of corporate bonds in multiple tranches

• The first tranche will be completed with 12 months, and the remaining tranches are seen being completed within 24 months.

• The Hong Kong-based foreign brand information technology products company is a spinoff from Legend Group

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

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

July 17 Week

GETBACK SA:

• Euro-denominated benchmark offering of five-year senior unsecured notes

• Regulation S

• Non-callable for two years

• Proceeds for refinancing debt

• Wroclaw, Poland-based debt collection services company

On The Horizon

NITROGENMUVEK ZRT:

• Offering of unsecured, fixed-rate notes

• Regulation S

• Raiffeisen Bank International AG mandated to conduct investor meetings

• Proceeds to refinance debt and for general corporate purposes

• To be admitted to trading on the Euro MTF of the Luxembourg Stock Exchange

• Veszprem, Hungary-based producer of ammonia and fertilzers

AFRICA/MIDDLE EAST

July 17 Week

DUBAI AEROSPACE ENTERPRISE LTD.:

• Begins roadshow July 17 for $1.9 billion two-part offering of senior notes

• Investor meetings will be held in New York and Boston

• Benchmark five-year notes, non-callable for two years, talked 4Ύ%-5%

• Benchmark seven-year notes, non-callable for three years, talked 5 1/8%-5 3/8%

• Morgan Stanley will also act as bookrunner

• Rule 144A and Regulation S

• Proceeds will be used to fund acquisition of Dublin-based aircraft lessor AWAS

• Dubai-based aerospace company

On The Horizon

WEST AFRICAN DEVELOPMENT BANK:

• Benchmark dollar-denominated senior unsecured notes with maturity of seven or 10 years

• Roadshow to begin July 14

• Citigroup, JPMorgan, Natixis and Standard Bank mandated to arrange meetings in London and United States

• Rule 144A and Regulation S

• Lome, Togo-based regional development bank for West Africa Economic and Monetary Union

TOPAZ MARINE SA:

• $375 million of five-year senior notes

• Roadshow began July 12

• Goldman Sachs International, HSBC and Standard Chartered Bank are bookrunners

• Co-managers First Abu Dhabi Bank and Pareto Securities

• Rule 144A and Regulation S

• Non-callable for two years

• Hamilton, Bermuda-incorporated provider of support vessels for the oil and gas industry, with the ultimate holding company incorporated in Oman

PARTNER COMMUNICATIONS CO. LTD.:

• Planning up to NIS 300 million bonds seven-year debentures

• To be priced at par with a coupon at up to 2.16%

• Regulation S

• Proceeds to be used to make scheduled debt payments

• Maalot S&P affirmed an ilA+ rating for the new bonds

• Rosh Ha’ayin, Israel, mobile communications operator

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