Emerging Markets Calendar

EMERGING EUROPE

CREDIT BANK OF MOSCOW:

• Dollar-denominated senior unsecured Eurobonds

• Five-year tenor

• Issued by the bank’s special purpose vehicle, CBOM Finance plc (Ireland)

• Proceeds are expected to be used for general banking purposes

DEVELOPMENT BANK OF KAZAKHSTAN:

• Up to $3 billion of medium-term eurobonds

• Nur-Sultan, Kazakhstan-based bank

DILIJAN FINANCE BV:

• Proposed five-year dollar-denominated senior unsecured notes

• Special-purpose vehicle of CJSC Ardshinbank

• Proceeds will be used for financing a loan to Ardshinbank

LATIN AMERICA

EMBOTELLADORA ANDINA SA:

• $300 million of senior unsecured notes

• 10-year maturity

• Proceeds to bolster liquidity and to refinance debt

ENGIE ENERGIA CHILE SA:

• Up to $400 million notes due 2030

• Proceeds to refinance its $400 million senior unsecured notes due January 2021 and for general corporate purposes

FOMENTO ECONOMICO MEXICANO, SAB DE CV (FEMSA):

• Dollar-denominated senior notes

• BofA Securities, Inc., Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are joint bookrunners

• Proceeds for general corporate purposes

• Monterrey, Mexico-based Coca-Cola bottler

FRIGORΝFICO CONCEPCION SA:

• Proposed senior secured notes

• $145 million proposed senior secured private bond

• Proceeds to repay most of its debt

GLOBO COMUNICACAO E PARTICIPACOES SA:

• Offering of $300 million senior unsecured notes

• Bullet maturity in 2030

• Proceeds to purchase up to $300 million of the 4 7/8% senior notes and the remainder for general corporate purposes

• Brazil’s largest media conglomerate

REDE D’OR FINANCE SARL:

• Proposed benchmark-size senior unsecured notes

• Guaranteed by Rede D’Or Sao Luiz SA

• Proceeds will be used for general corporate purposes, including capital expenditures and potential repayment of certain debt

SOCIEDAD QUIMICA Y MINERA DE CHILE SA:

• Up to $500 million proposed senior unsecured notes

• Proceeds will be primarily used for liability management and other general corporate purposes

AFRICA AND THE MIDDLE EAST

AVERDA HOLDINGS INTERNATIONAL LTD.:

• Proposed $325 million of senior unsecured notes

BANK LEUMI LE-ISRAEL B.M.:

• Inaugural U.S. dollar-denominated benchmark offering

• 11-year tier 2 subordinated notes

• Non-callable for six years

• Citigroup, BNP Paribas, HSBC and Morgan Stanley as joint bookrunners

• Rule 144A and Regulation S deal

• Meetings held in the United States and London beginning on Jan. 15

• Financial institution based in Tel Aviv

GFH SUKUK CO. LTD.:

• Dollar-denominated senior unsecured sukuk trust certificates

• Proceeds to purchase certain real estate assets from GFH Financial Group BSC, or its subsidiaries and will subsequently lease them to GFH under the lease agreement

ASIA

ASIAN DEVELOPMENT BANK:

• Dollar-denominated notes in two tranches maturing Jan. 24, 2023 and Jan. 24, 2030

• Managers are J.P. Morgan Securities plc, Barclays, Nomura and RBC Capital

• Development bank based in Manila

BANK OF CHINA LTD.:

• Drawdown from the bank’s $40 million medium-term note program

• Bank of China Ltd. Hong Kong branch for the U.S.-dollar-denominated drawdown

• Bank of China Ltd. Luxembourg branch for the euro-denominated drawdown

• Luxembourg branch will guarantee the euro-denominated notes

BANK TABUNGAN NEGARA:

• Dollar-denominated tier 2 capital securities

PT BAYAN RESOURCES TBK.:

• Dollar-denominated notes

BOC AVIATION LTD.:

• Senior unsecured notes

• Proceeds for refinancing, capital spending and general corporate purposes

CHINA ZHENGTONG AUTO SERVICES HOLDINGS LTD.:

• Planned dollar-denominated notes

• Proceeds to refinance debt and for general corporate purposes

GLENMARK PHARMACEUTICALS LTD.:

• $200 million senior unsecured notes

• Proceeds are expected to be used to refinance its $200 million senior unsecured notes due on Aug. 6, 2021

HENAN ZHONGYUAN FINANCIAL HOLDING CO. LTD.:

• Dollar-denominated bonds

• Proceeds will be used to refinance debt and for general corporate purposes

• Investor meetings were scheduled starting Nov. 11

KAISA GROUP HOLDINGS LTD.:

• International offering of dollar-denominated senior notes

• Regulation S

• Credit Suisse, BOC International and Kaisa Financial Group are joint bookrunners

• Shenzhen, China-based property development company

KOREA HOUSING FINANCE CORP.:

• Euro-denominated social covered bond transaction

• BNP Paribas, DBS Bank Ltd., ING and Societe Generale are joint bookrunners and joint lead managers

• Regulation S and Rule 144A

• Roadshow meetings across Europe to start in January

LALITPUR POWER GENERATION CO. LTD.:

• $750 million senior secured notes

• 10-year tenor

• Proceeds to repay part of its senior debt, subordinated debt and capital creditors, create a debt service reserve account and finance general corporate purposes

LANDSEA GREEN GROUP CO., LTD.:

• Dollar-denominated green senior notes

• Regulation S

• Proceeds will be used for green projects and refinancing green bonds

• Nanjing, China-based investment holding company

NEW METRO GLOBAL LTD.:

• Subsidiary of Seazen Holdings Co., Ltd., guarantor

• International offering of senior notes

• Proceeds will be used to refinance existing debt

• Haitong International Securities Co. Ltd. is the global coordinator

• Joint bookrunner are Haitong, China Citic Bank International Ltd., CMB International Capital Ltd., Central Wealth Securities Investment Ltd., Seazen Resources Securities Ltd. and Orient Securities (Hong Kong) Ltd.

• Shanghai-based real estate developer

PT LIPPO KARAWACI TBK.:

• Senior unsecured notes

• Issued by special purpose vehicle, Theta Capital Pte. Ltd.

• Lippo will guarantee the proposed notes

MCC HOLDING (HONG KONG) CORP. LTD.:

• Guaranteed by Metallurgical Corp. of China Ltd.

• Subordinated perpetual securities

• To refinance debt and for general corporate purposes

PT MEDCO ENERGI INTERNASIONAL TBK.:

• Issued by Medco Bell Pte. Ltd., a wholly owned subsidiary

• Dollar-denominated note offering

• Fixed-income investor meetings beginning Jan. 13

• Rule 144A and Regulation S

• Morgan Stanley, Standard Chartered Bank, Societe Generale, Credit Suisse, DBS Bank Ltd. and Mandiri Securities are joint lead managers and joint bookrunners

• Jakarta, Indonesia-based oil company

PTTEP TREASURY CENTER CO. LTD.:

• New U.S. dollar denominated 10-year notes

• Rule 144A and Regulation S notes

• Under $3 billion global medium-term note program

• Proceeds will be used to help fund a tender offer by parent PTT Exploration and Production

• Planned for January

• Petroleum exploration and production company based in Bangkok

PT PERTAMINA (PERSERO):

• Proposed dollar-denominated notes

• Issued under $10 billion global medium-term note program

• Parent is Republic of Indonesia

• Proceeds will be used for capex and general corporate purposes

POSCO:

• Senior unsecured dollar- and euro-denominated notes

• Proceeds will be used to refinance debt, for capital expenditure and other general corporate purposes

POWER FINANCE LTD.:

• Proposed senior unsecured notes

• To be issued from the company’s $5 billion global medium-term note program

RADIANCE CAPITAL INVESTMENTS LTD.:

• Dollar-denominated senior unsecured notes

• Guaranteed by parent Radiance Group Co., Ltd.

• Proceeds to refinance onshore debt

RENEW POWER PRIVATE LTD.:

• Dollar-denominated senior secured notes

• Proceeds to mainly refinance borrowings, including trade credit facilities of the hold company

SAN MIGUEL CORP.:

• Plans to issue $500 million of perpetual securities

• Under a new $3 billion medium-term note program

• Mandaluyong City, Philippines-based conglomerate

SHANGRAO INVESTMENT HOLDINGS INTERNATIONAL CO., LTD.:

• Proposed dollar-denominated senior unsecured notes

• Proceeds will be used to finance existing projects, repay bank borrowings and for general corporate purposes

SOUTHEAST ASIA COMMERCIAL JSB:

• Proposed three-year, dollar-denominated senior unsecured notes

SUN HUNG KAI PROPERTIES (CAPITAL MARKET) LTD.:

• Dollar-denominated senior unsecured notes due 2030

• Guaranteed by Sun Hung Kai Properties Ltd.

• Proceeds will be used to fund Sun Hung Kai Properties Ltd.’s general corporate activities

ZGC INTERNATIONAL INVESTMENT LTD.:

• Dollar-denominated senior unsecured bonds

• Proceeds for overseas investments, overseas refinancing and general corporate purposes

• Parent is Zhongguancun Development Group

ZHENGZHOU URBAN CONSTRUCTION INVESTMENT GROUP CO., LTD.:

• Proposed dollar-denominated senior unsecured notes

• Proceeds will be used to fund the development and construction of its operational projects and refinance debt

© 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.