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Published on 2/26/2021 in the Prospect News Emerging Markets Daily.

Emerging Markets Calendar

AFRICA AND THE MIDDLE EAST

COMMERCIAL BANK OF QATAR:

• Dollar-denominated perpetual additional tier 1 capital securities

• Credit Suisse Securities (Europe) Ltd.

• Regulation S

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

NBK TIER 1 LTD.:

• Guaranteed by National Bank of Kuwait

• Perpetual non-cumulative additional tier 1 capital securities

• J.P. Morgan Securities plc, Citi, HSBC, NBK Capital, Standard Chartered Bank and UBS Investment Bank

• Regulation S and Rule 144A

• Proceeds to finance a subordinated loan to the National Bank of Kuwait

ORYX FUNDING LTD.:

• Special purpose vehicle established in the Cayman Islands by Ba3-rated Oman Electricity Transmission Co. SAOC

• Senior unsecured notes (Ba3//BB-)

• Refinance OETC's OMR 100 million shareholder loan, for capital spending and general corporate purposes

EMERGING EUROPE AND CENTRAL ASIA

CTP BV:

• Euro-denominated benchmark-sized offering

• Six-year green senior bearer notes

• J.P. Morgan AG, Citi, ING and UBS

• Regulation S

• Real estate company that owns and develops business parks in Central and Eastern Europe

EP INFRASTRUCTURE, AS:

• Euro-denominated notes

• Proceeds will be primarily used for partial prepayment of facilities and dividend distribution

LATIN AMERICA AND THE CARIBBEAN

ALPEK, SAB DE CV:

• Benchmark size senior unsecured notes due 2031

• Proceeds will be used for the tender of its 2022 notes, and the remainder, if any, will be used for general corporate purposes

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

INTER-AMERICAN INVESTMENT CORP.:

• Dollar-denominated five-year sustainability note

• BNP Paribas, Citigroup, Credit Agricole CIB and Goldman Sachs International

• Regulation S

• Member of the Inter-American Development Bank

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

VOLCAN COMPANIA MINERA SAA:

• Up to $450 million in senior unsecured notes

• Guaranteed by Companνa Minera Chungar SAC, Empresa Administradora Cerro SAC and Oxidos de Pasco SAC

• Proceeds will be used to refinance the bulk of its $835 million in debt maturing in February 2022

• Mining company based in Lima, Peru

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

BANPU PCL:

• Singapore branch of guarantor Bangkok Bank PCL

• Perpetual securities (Baa2)

CASTLE PEAK POWER FINANCE CO. LTD.:

• Wholly owned subsidiary of Castle Peak Power Co. Ltd. (Capco)

• Parent will guarantee

• Dollar-denominated senior unsecured notes

• Proceeds to finance the second unit of its combined cycle gas turbine project

CHINA DEVELOPMENT BANK FINANCIAL LEASING CO., LTD.:

• Senior unsecured dollar-denominated notes

• CDBL Funding 2 will issue

• CDB Leasing (International) Co. Ltd. will guarantee

• Proceeds will be used for working capital and general corporate purposes

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

EXPORT-IMPORT BANK OF INDIA:

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

• Export finance institution based in Mumbai, India

FANTASIA HOLDINGS GROUP CO. LTD.:

• New notes

• Finance a tender offer

• Property development company based in Shenzhen, China

FAR EAST HORIZON LTD.:

• Dollar-denominated senior unsecured notes

• Issued under Far East’s $4 billion medium-term note program

• Proceeds for working capital and other general corporate purposes

FORTUNE STAR (BVI) LTD.:

• Guaranteed by parent Fosun International Ltd.

• Dollar-denominated senior notes (BB)

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

• Shanghai conglomerate

GUOTAI JUNAN INTERNATIONAL HOLDINGS LTD.:

• Senior, unsecured and fixed-rate dollar-denominated notes

• Drawdown from Guotai Junan International Holdings Ltd.’s HK$25 billion medium-term note program

• Proceeds for refinancing and general corporate purposes

HUATONG INTERNATIONAL INVESTMENT HOLDINGS CO., LTD.:

• Guarantee from Qingdao China Prosperity State-owned Capital Operation (Group) Co., Ltd.

• Dollar senior unsecured notes

• Proceeds will be used for refinancing offshore debts, project construction and supplementing working capital

HUAYUAN PROPERTY CO., LTD.:

• Dollar-denominated notes (B2)

• Proceeds to refinance debt

• Beijing real estate business

KOREA EXPRESSWAY CORP.:

• Senior unsecured Australian dollar-denominated notes

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

PETRONAS ENERGY CANADA LTD.:

• Proposed notes

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

REC LTD.:

• Senior unsecured notes

• Issued under $7 billion global medium-term note program

• Proceeds will be used for financing power projects under the approvals granted by the Reserve Bank of India

VEDANTA RESOURCES LTD.:

• Guaranteed senior unsecured notes

• Vedanta Resources Finance II plc will issue the notes

• Twin Star Holdings Ltd. and Welter Trading Ltd., will guarantee

• Proceeds to Twin Star for the acquisition of equity shares of Vedanta Ltd.

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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