Emerging markets calendar

November 21 Week

SKYSEA INTERNATIONAL CAPITAL MANAGEMENT: Dollar notes (expected rating: A1); Barclays Capital, HSBC, ICBC International, Standard Chartered, UBS; roadshow Nov. 1-2; proceeds to develop ICBC's offshore leasing business; subsidiary of Hong Kong's Industrial and Commercial Bank of China Ltd. (ICBC).

PACIFIC RUBIALES ENERGY CORP.: Possible notes; Bank of America Merrill Lynch; roadshow Nov. 7-11; Canada-based oil and gas exploration and production company focused on Colombia.

ABU DHABI ISLAMIC BANK PJSC (ADIB): Benchmark-sized dollar notes; ADIB, Citigroup, HSBC, National Bank of Abu Dhabi, Nomura, Standard Chartered Bank; Regulation S; roadshow started Nov. 17; whispered at mid-swaps plus mid-200 bps area; Islamic financial services group.

REPUBLIC OF ROMANIA: Dollar notes; Citigroup, Deutsche Bank, HSBC; roadshow Nov. 11-14.

COSCO CORP. (SINGAPORE) LTD.: Possible notes; BOC International, JPMorgan; part of RMB 2 billion multicurrency medium-term note program established in September; proceeds for general corporate purposes; shipping company and subsidiary of Beijing-based China Ocean Shipping (Group) Co. (Cosco Group).

PETROLEOS MEXICANOS SAB DE CV (PEMEX): Notes; Bank of America Merrill Lynch, HSBC, Scotia Capital; petrochemical company based in Mexico City.

November 28 Week

UNITED ARAB SHIPPING CO. (UASC): Dollar notes; Deutsche Bank, Mitsubishi UFJ, UBS; roadshow Nov. 28-30; government-owned container shipping company based in Kuwait.

STATE OIL CO. OF AZERBAIJAN (SOCAR): Possible dollar notes; Citigroup, Deutsche Bank, RBS; state-owned oil and gas company based in Baku, Azerbaijan.

TENCENT HOLDINGS LTD.: Senior notes; Goldman Sachs, Deutsche Bank, Credit Suisse, HSBC; Rule 144A/Regulation S; proceeds for general corporate purposes, including working capital; holding company focused on online advertising and internet and mobile phone services, based in Shenzhen, China.

BANCO PICHINCHA: $100 million bonds; lender based in Quito, Ecuador.

GAIL INDIA LTD.: $300 million notes; state-owned natural gas processing and distribution company based in New Delhi.

TAMWEEL PJSC: Dollar sukuk notes; roadshow started Oct. 3; real estate developer based in Abu Dhabi.

CORPORACION NACIONAL DEL COBRE DEL CHILE (CODELCO): Dollar benchmark notes due 2021 (A1/A/A+); HSBC, Mitsubishi UJF Securities; Rule 144A/Regulation S; proceeds for capital expenditures, liabilities and general corporate purposes; state-owned copper mining company based in Santiago, Chile.

CNPC GOLDEN AUTUMN LTD.: Renminbi notes (expected ratings: A1/A+/AA-); Bank of China, HSBC, Deutsche Bank, Industrial and Commercial Bank of China; Regulation S; roadshow started Oct. 18; guaranteed by China National Corp., an oil and gas supplier based in Beijing.

OJSC ALROSA CO. LTD.: Possible dollar notes; Goldman Sachs, UBS, VTB Capital; Regulation S; roadshow started Oct. 20; Moscow-based diamond company.

GOLDMAN SACHS INTERNATIONAL: Sukuk notes issued by unit Global Sukuk Co. Ltd.; part of $2 billion Islamic bond program; New York-based bank.

CATHAY PACIFIC AIRWAYS LTD.: Dollar notes; HSBC; airline based in Hong Kong.

SHINHAN BANK: Dollar notes; Bank of America Merrill Lynch, BNP Paribas, Deutsche Bank, HSBC, Shinhan, Standard Chartered Bank; lender based in Seoul, South Korea.

BANCO DE BOGOTA: $1 billion notes (Baa2); Citigroup, HSBC, JPMorgan; lender based in Bogota, Colombia.

KOOKMIN BANK: Possible notes; Bank of America Merrill Lynch, Credit Suisse, HSBC, JPMorgan, RBS, UBS; roadshow started Sept. 26; lender based in Seoul, South Korea.

BAHRAIN: $1 billion sukuk notes with seven- to 10-year maturity; Citigroup, BNP Paribas, Standard Chartered; Regulation S; roadshow Nov. 14-15; proceeds to finance the sovereign's budget deficit.

December 5 Week

SOUTH AFRICA: Possible notes; Barclays Capital, Nedbank Capital, Rand Merchant Bank; roadshow Nov. 23-Dec. 1.

ABU DHABI NATIONAL ENERGY CO. (TAQA): Dollar notes; Citigroup, RBS.

2011

CORPORACION FINANCIERA DE DESAROLLO (COFIDE): $500 million 10-year notes; development bank based in Lima, Peru.

REPUBLIC OF BOLIVIA: $500 million 10-year notes; Rule 144A/Regulation S.

SUHYUP BANK: Possible notes; Bank of America Merrill Lynch, Citigroup, ING, RBS, Standard Chartered Bank; roadshow Oct. 11-14; Seoul, South Korea-based lender.

ASYA KATILIM BANKASI AS: $300 million five-year notes; lender based in Istanbul, Turkey.

POLSKIE GORNICTWO NAFTOWE I GAZOWNICTO SA (PGNIG): Up to €1.2 billion fixed-rate or floating-rate notes with maturities of up to 10 years (Baa1); SG CIB, BNP Paribas, Unicredit; or general liquidity purposes; natural gas company based in Warsaw; notes program announced on Aug. 25; roadshow started Sept. 19.

VOLCAN COMPANIA MINERA: Possible 10-year notes; Lima, Peru-based mining company.

EMIRATES: Possible $1 billion notes; proceeds to fund jets; airline based in Dubai.

UKRAINE: Up to $2.5 billion in bonds.

VIETNAM BANK FOR INDUSTRY AND TRADE (VIETINBANK): $500 million to $1 billion notes; Barclays, HSBC; issuance likely in 2011.

AL HILAL BANK: $500 million notes due 2016; proceeds to diversify funding and support growth; Abu Dhabi-based lender.

QATAR NATIONAL BANK: Up to $7.5 billion in notes; Barclays Capital, HSBC, QNB Capital; proceeds to fund corporate operations; lender based in Qatar.

QATAR INTERNATIONAL ISLAMIC BANK (QIIB): Dollar five-year sukuk notes; Qatar National Bank, HSBC, Standard Chartered; Qatar-based lender.

CAIXA ECONOMICA FEDERAL: Possible notes; finance company based in Brasilia, Brazil.

ISAGEN SA: Peso- or dollar-denominated notes; issuance expected before the end of the year; state-owned utility services company based in Medellin, Colombia.

BANCO LATINOAMERICANO DE EXPORTACIONES SA (BLADEX): Up to $200 million in notes with tenor of between five and seven years; lender based in Panama.

TRANSMISSORA DO ATLANTICO DE ENERGIA ELECTRICA (TAESA): R$1.3 billion bonds; Banco Bradesco, Citigroup, Banco Santander; electric company based in Rio de Janeiro.

BANACOL GROUP: Possible notes totaling $200 million to $300 million; Citigroup; Medellin, Colombia-based fruit company.

REPUBLIC OF GUATEMALA: Up to $500 million in notes: Rule 144A/Regulation S.

PT ANEKA TAMBANG: Possible dollar- or rupiah-denominated notes; mining and metals company based in Jakarta, Indonesia.

SAUDI ELECTRICITY CO.: $1 billion to $1.5 billion sukuk notes; Saudi Arabia-based power generator and distributor.

QATAR ISLAMIC BANK: $1 billion sukuk notes with tenor of more than five years; lender based in Doha, Qatar.

THAILAND: Inflation-linked baht-denominated notes; HSBC; roadshow expected in Asia and Europe.

CZECH REPUBLIC: Euro benchmark notes; Barclays Capital, Erste Group, Societe Generale, Unicredit.

GENNOMA LAB INTERNACIONAL SAB DE CV: Possible dollar notes; Mexico City-based pharmaceutical company.

TEMASEK HOLDINGS: Possible notes; DBS, Deutsche Bank, Morgan Stanley, UBS; Singapore-based investment company.

PBG SA: Possible global notes; an engineering and construction company based in Wysogotowo, Poland.

2012

DOHA BANK: $500 million bonds; JPMorgan, Morgan Stanley; Qatar-based lender.

CEAGRO AGRICOLA LTDA.: Bonds; importer and exporter of grains and other agricultural products, based in Campinas, Brazil.

AXIS BANK: Benchmark-sized global bonds; Mumbai, India-based lender.

OAO RUSSIAN RAILWAYS CO.: Up to $1 billion of bonds; railway operator based in Moscow.

REPUBLIC OF LEBANON: $2 billion bonds in 2012; Deutsche Bank, Fransa Bank, Standard Chartered.

On the Horizon

BHARTI AIRTEL LTD.: $750 million to $1 billion notes; telecommunications company based in New Delhi.

EMPRESA DISTRIBUIDORA DE ELECTRICIDAD DE SALTA SA (EDESA): $65 million notes; power company based in Salta Province, Argentina.

MINERVA SA: Possible notes; Goldman Sachs, BTG Pactual, Morgan Stanley, BB Securities; roadshow started Sept. 14; food processing company based in Barretos, Brazil.

HANA BANK: $500 million notes; Seoul, South Korea-based lender.

UNION BANK OF INDIA: Dollar notes; Bank of America Merrill Lynch, Barclays Capital, Citigroup, Deutsche Bank, HSBC, Standard Chartered Bank; lender based in Mumbai, India.

GOLD FIELDS LTD.: Rule 144A and Regulation S bond offering could follow investor meetings that began on Sept. 6, via Bank of America Merrill Lynch, Barclays Capital and JPMorgan; Johannesburg, South Africa-based gold producer.

BBVA BANCO CONTINENTAL: Possible notes; Goldman Sachs, JPMorgan; roadshow Sept. 13-15; lender based in Lima, Peru.

LAFARGE SHUI ON: Possible renminbi notes; Citigroup, HSBC, Mitsubishi UFJ Securities, Standard Chartered; Regulation S; roadshow upcoming; joint venture between French industrial company Lafarge Group and Hong Kong-based Shui On Construction & Materials Co. Ltd.

KHAZANAH NASIONAL BHD.: Renminbi notes; BOC International, CIMB Bank, RBS; Regulation S; investment holding arm of the government of Malaysia that manages the government's commercial assets.

ALLAHABAD BANK: Up to $500 million in notes; HSBC, JPMorgan, RBS, Standard Chartered; lender based in Kolkata, India.

USINA VISTA ALEGRE: $150 million to $200 million seven-year notes (/B-/B-); BTG Pactual; Rule 144A/Regulation S; non-callable for four years; talked at 11% area; sugarcane grower and sugar and ethanol producer based in Sao Paulo.

INDUSTRIAL SUBORDINATED TRUST: 10-year notes (expected ratings: Ba2//BB-); Bank of America Merrill Lynch; Rule 144A/Regulation S; proceeds will be used to repay subordinated debt, to strengthen the regulatory capital base and for general corporate purposes; guaranteed by Banco Industrial SA, a lender based in Guatemala City, Guatemala.

STATE OIL CO. OF AZERBAIJAN (SOCAR): $500 million notes; state-owned oil and gas company based in Baku, Azerbaijan.

DEVELOPMENT BANK OF KAZAKHSTAN: $800 million notes; Astana, Kazakhstan-based lender.

ANGOLA: $500 million notes.

REPUBLIC OF KAZAKHSTAN: Dollar sukuk notes.

EMPRESAS PUBLICAS DE MEDELLIN (EPM): Notes; public utility service based in Medellin, Colombia.

BANCO DAVIVIENDA SA: Up to $350 million in notes; lender based in Bogota, Colombia.

HALK BANKASI (HALKBANK): Up to $2 billion in bonds; lender based in Ankara, Turkey.

EGYPT: $1 billion notes due 2016.

RHB BANK BHD.: $300 million to $500 million senior notes; Bank of America Merrill Lynch, Goldman Sachs; Kuala Lumpur-based lender.

GLOBAL BIO-CHEM TECHNOLOGY GROUP CO. LTD.: Bonds; HSBC; Regulation S; proceeds for repayment of existing debt; Hong Kong-based manufacturer and seller of corn-related products.

CHINA CITIC BANK CORP. LTD.: Up to RMB 30 billion by end of 2013; HSBC, UBS; Hong Kong-based business conglomerate.

PROVINCE OF BUENOS AIRES: $500 million bonds.

GLOBAL DAIRY HOLDINGS LTD.: Renminbi notes; Bank of America Merrill Lynch, Macquarie Group; proceeds for general corporate purposes and to finance company's vertical integration plan; milk and milk products manufacturer and marketer based in Hong Kong.

TECHNIKABANK OJSC: Dollar notes (//B-); Commerzbank AG, HSBC; change-of-control put if three main shareholders cease to own more than 50% of company; Azerbaijan-based lender.

SLOVAK REPUBLIC: Tap of bonds due Feb. 24, 2016; KBC Group, Erste Group, Intesa Sanpaolo Group.

REPUBLIC OF KENYA: Notes; issuance likely by June 2013.

OAO ASB BELARUSBANK: Dollar-denominated bond of up to $500 million.

AL BARAKA BANKING GROUP: Up to $500 million sukuk issue of five-year notes; Bahrain-based Islamic lender.

ARAMCO: $1 billion sukuk with France's Total; Credit Agricole, Deutsche Bank, Samba Financial; state-owned national oil company based in Dhahran, Saudi Arabia.

BANCO DE CHILE: Dollar-denominated notes; Santiago, Chile-based lender.

UNITED GULF BANK: Bonds; Standard Chartered; Bahrain-based lender and subsidiary of Kuwait-based Kipco.

SRI LANKA TELECOM PLC: Up to $125 million of bonds; proceeds to fund expansion plans; telecommunications service provider based in Colombo, Sri Lanka.

KENYA ELECTRICITY GENERATING CO. LTD. (KENGEN): Planned $1 billion bond issue; proceeds to finance $4.5 billion expansion plans; power producer based in Nairobi, Kenya.

ZAMBIA: Planned issue of $500 million to $1 billion bonds; proceeds for infrastructure improvements and power plant construction.

URUGUAY: Planned $1 billion issue of bonds, possible 20-year maturity.

Roadshows

Started Oct. 3: TAMWEEL PJSC: Dollar sukuk notes.

Oct. 11-14: SUHYUP BANK: Possible notes; Bank of America Merrill Lynch, Citigroup, ING, RBS, Standard Chartered Bank.

Started Oct. 18: CNPC GOLDEN AUTUMN LTD.: Renminbi notes; Bank of China, HSBC, Deutsche Bank, Industrial and Commercial Bank of China.

Started Oct. 20: OJSC ALROSA CO. LTD.: Possible dollar notes; Goldman Sachs, UBS, VTB Capital.

Nov. 1-2: SKYSEA INTERNATIONAL CAPITAL MANAGEMENT: Dollar notes; Barclays Capital, HSBC, ICBC International, Standard Chartered, UBS.

Nov. 7-11: PACIFIC RUBIALES ENERGY CORP.: Possible notes; Bank of America Merrill Lynch.

Started Nov. 10: COSCO CORP. (SINGAPORE) LTD.: Possible notes; BOC International, JPMorgan.

Nov. 11-14: REPUBLIC OF ROMANIA: Dollar notes; Citigroup, Deutsche Bank, HSBC.

Started Nov. 17: ABU DHABI ISLAMIC BANK PJSC (ADIB): Benchmark-sized dollar notes; ADIB, Citigroup, HSBC, National Bank of Abu Dhabi, Nomura, Standard Chartered Bank.

Nov. 22-24: PETROLEOS MEXICANOS SAB DE CV (PEMEX): Notes; Bank of America Merrill Lynch, HSBC, Scotia Capital.

Nov. 23-Dec. 1: SOUTH AFRICA: Possible notes; Barclays Capital, Nedbank Capital, Rand Merchant Bank.

Nov. 28-30: UNITED ARAB SHIPPING CO. (UASC): Dollar notes; Deutsche Bank, Mitsubishi UFJ, UBS.

Nov. 30-Dec. 1: COMISION FEDERAL DE ELECTRICIDAD (CFE): Non-deal roadshow; BBVA, BNP Paribas, Citigroup.

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