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Published on 1/15/2021 in the Prospect News Emerging Markets Daily.

Emerging Markets Calendar

AFRICA AND THE MIDDLE EAST

DAE FUNDING LLC:

• Unit of Dubai Aerospace Enterprise Ltd.

• Fixed-rate four- and/or seven-year senior unsecured benchmark bond (//BBB-)

• Aerospace company in Dubai, United Arab Emirates

WEST AFRICAN DEVELOPMENT BANK (BANQUE OUEST AFRICAINE DE DEVELOPPEMENT):

• Euro-denominated benchmark offering

• 12-year senior notes

• J.P. Morgan Securities plc, HSBC and Natixis

• Regulation S and Rule 144A

• Multilateral development bank is based in Lome, Togo

EMERGING EUROPE AND CENTRAL ASIA

CBOM FINANCE PLC:

• Special purpose vehicle of Credit Bank of Moscow

• Five-year euro-denominated senior bonds (BB-//BB)

• Proceeds for general banking purposes

KOMERCNI BANKA:

• €500 million fixed-rate five-year mortgage covered bond with 12-month soft bullet feature (//AAA)

• Societe Generale CIB

• Prague bank

SOVCOM CAPITAL DAC:

• Subsidiary of Sovcombank PJSC

• Dollar-denominated loan participation notes (Ba1//BB+)

• Proceeds to senior unsecured loan to parent Sovcombank PJSC

LATIN AMERICA AND THE CARIBBEAN

AMAGGI LUXEMBOURG INTERNATIONAL SARL:

• Senior unsecured notes (Ba3)

• One of Brazil’s largest commodity trading companies

BANCO BTG PACTUAL SA (Cayman Branch):

• Subsidiary of Banco Pactual SA

• Dollar-denominated senior benchmark-size notes due 2026 (Ba2//BB-)

• Proceeds to fund eligible sustainable projects

• Sao Paulo-based lender

BANCO DO ESTADO DO RIO GRANDE DOSUL SA (BANRISUL):

• 10-year tier 2 subordinated notes, redeemable after five years (B2//B)

• Porto Alegre, Brazil, bank

BUENOS AIRES:

• Dollar amortizing step-up bonds due 2032 up to a maximum amount of $2.34 billion, euro-denominated amortizing step-up bonds due 2032 up to a maximum of €540 million, dollar amortizing step-up bonds due 2040, euro-denominated amortizing step-up bonds due 2040, dollar-denominated interest-only securities and euro-denominated interest-only securities

• BofA Securities, Inc. and Citigroup Global Markets Inc.

• Offered in exchange for outstanding 2006 and 2015 indenture bonds

EMBRAER NETHERLANDS FINANCE BV:

• Wholly owned subsidiary of Embraer SA

• Guaranteed by Embraer SA and Yabora Industria Aeronautica SA

• Proposed 2028 benchmark sized senior unsecured bonds (//BB+)

• Proceeds for a tender for the 2022 and 2023 notes and general corporate purposes

NUEVA ELEKTRA DEL MILENIO SA DE CV:

• Subsidiary of Grupo Elektra SAB de CV

• Benchmark-sized offering of dollar-denominated seven-year senior secured (//BBB-)

• BCP Securities LLC, Credit Suisse Securities (USA) LLC and Jefferies LLC

• Rule 144A and Regulation S

• Mexico City-based online shopping portal

IRSA INVERSIONES Y REPRESENTACIONES SA:

• Series VII dollar-denominated 10% notes due in three years

• BACS Banco de Credito y Securitization SA, Banco Hipotecario SA, Banco de Galicia y Buenos Aires, Banco Santander Rio SA, AR Partners SA, Banco de la Provincia de Buenos Aires, Balanz Capital Valores, Puente Hnos SA, Bull Market Brokers SA and SBS Trading SA

• Real estate company in Buenos Aires

ITAU UNIBANCO HOLDING SA (CAYMAN ISLANDS):

• Subsidiary of Itau Unibanco Holding SA

• Dollar-denominated contractual non-viability tier 2 subordinated notes due 2031 (Ba1//B+) with a five-year call option

• Proceeds to finance or refinance sustainable projects

• Sao Paolo lender

KLABIN AUSTRIA GMBH:

• Austrian subsidiary of guarantor Klabin Finance SA

• Sustainability-linked notes due 2031 (BB+/BB+)

• Proceeds to tender for 2024 notes and for general corporate purposes

• Sao Paulo-based pulp, paper and paper products company

MARB BONDCO PLC:

• Subsidiary of Marfrig Global Foods SA, notes guaranteed by Marfrig subsidiaries Marfrig Global Foods SA, Marfrig Holdings (Europe) BV, Marfrig Overseas Ltd. and NBM US Holdings, Inc.

• $1 billion global notes offering due 2028 (/BB-/BB)

• Proceeds to refinance debt including tender of outstanding 2025 notes

• Sao Paulo-based food processing company

NUEVA ELEKTRA DE MILENIO SA DE CV:

• Subsidiary of Grupo Elektra SAB de CV

• Senior secured bond denominated in U.S. dollars

• BCP Securities, Credit Suisse and Jefferies

• Rule 144A and Regulation S

• Money remittance services company and subsidiary of Mexico City-based finance and retail corporation

SIMPAR EUROPE:

• Finance subsidiary of Simpar SA

• Dollar-denominated loan participation notes (BB-)

• Proceeds to fund redemption of 7Ύ% notes due 2024

• Sao-Paulo holding company with subsidiaries operating in the insurance, freight, vehicle trade and property management sectors

UEP PENONOME II, SA:

• $275 million senior secured notes due 2038 (Ba3/BB)

• Regulation S and Rule 144A

YPF SA:

• 8½% export-backed notes due 2026, 8½% notes due 2029, and 7% notes due 2033 in exchange for old note series

• Buenos Aires petroleum and gas company

ASIA

AGRICULTURAL BANK OF CHINA LTD. NEW YORK BRANCH:

• Dollar-denominated three-year notes and five-year green notes (A1)

• Beijing bank

BANPU PCL:

• Singapore branch of guarantor Bangkok Bank PCL

• Perpetual securities (Baa2)

CHINA CINDA (HK) HOLDINGS CO. LTD.:

• Senior notes (A-//A)

• Proceeds for working capital, investment, refinancing debt and other general corporate purposes

• Beijing financial services company

CHINA HUANENG GROUP (HONG KONG) TREASURY MANAGEMENT HOLDING LTD.:

• Guaranteed by China Huaneng Group Co. Ltd.

• Senior notes (A2//A)

• Proceeds to refinance debt

EMPIRE RESORTS, INC.:

• $475 million of five-year senior secured notes

• Guidance of yield of 8% to 8Ό%

• BNP Paribas, Citigroup and DBS Bank

• Rule 144A and Regulation S

ENRONG INTERNATIONAL (HONGKONG) LTD.:

• Guaranteed by parent Changzhou Eastern New City Construction Group Co., Ltd.

• Dollar-denominated senior notes (//BBB-)

• Proceeds for general corporate purposes

• Construction company in Changzhou, China

EXPORT-IMPORT BANK OF INDIA:

• Dollar-denominated senior notes (BBB-//BBB-)

• Export finance institution based in Mumbai, India

FAR EAST CONSORTIUM INTERNATIONAL LTD.:

• Dollar-denominated notes

• AMTD Global Markets, Ltd. BNP Paribas, Credit Suisse (Hong Kong) Ltd., DBS Bank Ltd., Guotai Junan Securities (Hong Kong) Ltd., Haitong International Securities Co. Ltd., HSBC Ltd., Oversea-Chinese Banking Corp. Ltd., Mizuho Securities Asia Ltd. and UBS AG Hong Kong Branch

• Hong Kong-based business conglomerate

GUANGZHOU FINELAND REAL ESTATE DEVELOPMENT CO., LTD.:

• Senior dollar-denominated notes (B3)

• Proceeds to refinance offshore debt

• Guangzhou, China, real estate developer

GUORUI PROPERTIES LTD.:

• Senior notes (//BB-) with a three-year duration and 14Ό% yield

• Haitong International

• Regulation S

• Proceeds to refinance $455 million 13½% senior notes due 2022

• Beijing homebuilder

HANHUI INTERNATIONAL LTD.:

• Guaranteed by parent Shandong Guohui Investment Co., Ltd.

• Senior unsecured notes (//BBB+)

HUAYUAN PROPERTY CO., LTD.:

• Dollar-denominated notes (B2)

• Proceeds to refinance debt

• Beijing real estate business

KEB HANA BANK:

• €500 million of social mortgage covered bonds (AAA/AAA)

• BNP Paribas, Citigroup, Credit Agricole CIB, JPMorgan and Societe Generale

• Regulation S

• Seoul, South Korea, bank

KENBOURNE INVEST SA:

• Subsidiary of PT Wahana Ottomitra Multiartha Tbk, guaranteed by parent companies including WOM Holdings SpA

• $300 million to $450 million notes (B1/B+/BB-)

• Proceeds to purchase mobile spectrum, to refinance company’s CLP 120 billion term loan due 2024 and for general corporate purposes

• North Jakarta, Indonesia, financing company

KOREA EXPRESSWAY CORP.:

• Senior unsecured Australian dollar-denominated notes

KOREA SOUTHERN POWER CO., LTD. (Kospo):

• Dollar-denominated senior unsecured bonds (Aa2//AA-)

• Proceeds to refinance debt and for general corporate purposes

LAOS:

• At least $150 million in notes

• Proceeds to fully redeem $150 million 6 7/8% notes due 2021

MEILUN (BVI) LTD.:

• Subsidiary of Shandong Chenming Paper Holdings Ltd.

• Up to $1 billion in bonds with a term up to five years

• Proceeds to replace domestic and overseas debts, to purchase raw materials, to replenish working capital and for project construction

• Weifang, China paper mill company

PANDITA INDUSTRIES LTD.:

• Proposed $200 million of unsecured unsubordinated bonds

• Guaranteed by several of its subsidiaries

POWER BEST GLOBAL INVESTMENTS LTD.:

• Guaranteed by Hong Kong JunFa Property Co.

• Notes (//B+)

• Hong Kong property developer

PT SRI REJEKI ISMAN TBK:

• Guaranteed by subsidiaries PT Sinar Pantja Djaja, PT Bitratex Industries and PT Primayudha Mandirijaya

• Dollar-denominated senior notes (B1//BB-)

• Proceeds to refinance syndicated facility and short-term facilities and extend maturity of debt due January 2022

• Jakarta, Indonesia, textile manufacturer

PT TOWER BERSAMA INFRASTRUCTURE TBK:

• Dollar-denominated senior notes (//BBB-)

• Proceeds to repay debt and for general corporate purposes

• Jakarta, Indonesia, telecom tower company

SHANGHAI PUDONG DEVELOPMENT BANK CO., LTD. SINGAPORE BRANCH:

• Dollar-denominated senior bond (Baa2)

SINO TRENDY INVESTMENT LTD.:

• Guaranteed by Guangxi Communications Investment Group Corp. Ltd.

• Dollar-denominated notes

• Proceeds will be used to repay medium and long-term offshore indebtedness

SK BATTERY AMERICA, INC.:

• Guaranteed by parent SK Innovation Co. Ltd.

• Senior unsecured dollar-denominated notes (Baa3)

• Proceeds to finance or refinance and projects that provide environmental benefits under its green financing framework

SK HYNIX INC.:

• Dollar-denominated senior notes (Baa2/BBB-) with a green bond tranche

• Proceeds to general corporate purposes, including repaying borrowings and for capital expenditures

• Icheon, South Korea, memory semiconductor supplier

SOUTHWEST SECURITIES INTERNATIONAL SECURITIES LTD.:

• Up to $200 million of bonds with a tenor of not more than three years in U.S. or Hong Kong dollars to price ahead of the April 17, 2021 maturity of its existing $200 million 6.9% bonds

• Financial services company in Hong Kong

XINGCHENG (BVI) LTD.:

• Guaranteed by Chengdu Xingcheng Investment Group Co., Ltd.

• Dollar-denominated senior notes (//BBB+)

• Infrastructure development financing company for Chengdu, China

ZHEJIANG EXPRESSWAY CO. LTD.:

• Up to $600 million of senior notes with one- to 10-year terms

• Regulation S

• Proceeds to debt refinancing, new projects and strategic development

• Hangzhou, China, infrastructure company

ZHONGYUAN ZHICHENG CO., LTD.:

• Guaranteed by parent Zhongyuan Yuzi Investment Holding Group Co., Ltd.

• Dollar-denominated notes (A2//A)

• Proceeds to refinance offshore debt and invest in low-income housing, infrastructure and manufacturing projects in Henan

• Zhengzhou, China-based investor in urban and rural construction, industrial zones, land consolidation, sewage treatment, and other businesses


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