Emerging markets calendar

March

GENERAL SHOPPING BRASIL SA (Ba3/BB-): Possible dollar-denominated offering of subordinated perpetual preferred shares; has participated with fixed-income investors; Bank of America Merrill Lynch and Goldman Sachs; Sao Paulo-based shopping mall company.

AGILE PROPERTY HOLDINGS LTD.: Possible offering of dollar-denominated senior notes; will be holding series of meetings with institutional investors; HSBC, Standard Chartered Bank and UBS; proceeds will be used for purchase of new land sites, refinancing and other general working capital purposes; investment holding company engaged in development and sale of real estate, based in Zhongshan City, China.

TRANSPORTADORA DE GAS INTERNACIONAL (Baa3/BB/BB+): Regulation S deal may follow investor meetings March 9-14; to fund current tender offer on TGI 2017s; Citigroup, Credit Suisse; natural gas company based in Bucaramanga, Colombia.

REPUBLIC OF SERBIA (BB/BB-): Possible capital markets transaction; investor meetings March 12-14 in Vienna, Frankfurt, Munich, Milan, Amsterdam and London; Raiffeisen Bank International.

SHUI ON LAND LTD.: Add-on to 9¾% notes; BNP Paribas, Hong Kong branch, Deutsche Bank AG, Singapore branch, Standard Chartered and UBS, Hong Kong branch; proceeds to fund capital expenditures related to operations, repay debt and/or acquire assets; Shanghai-based property developer.

TERA SOFTWARE LTD.: Possible non-convertible debentures issuance; board of directors meeting Feb. 29; information technology company based in Hyderabad, India.

UKRAINE: Up to $2.5 billion in bonds; JPMorgan, Morgan Stanley, VTB.

EMPRESA DISTRIBUIDORA DE ELECTRICIDAD DE SALTA SA (EDESA): Possible notes; Itau BBA, Standard Bank; roadshow Feb. 2-8; power company based in Salta Province of Argentina.

EURASIAN DEVELOPMENT BANK: Possible notes; JPMorgan, VTB Capital; roadshow Feb. 6-8; financial organization based in Almaty, Kazakhstan.

EXPORT-IMPORT BANK OF KOREA: Swiss franc notes; Credit Suisse, UBS; lender based in Seoul, South Korea.

OAO RASPADSKAYA: $300 million bonds; Goldman Sachs, Morgan Stanley, VTB Capital; coal-mining company based in Kemerovo, Russia.

RURAL ELECTRIFICATION CORP. LTD.: Rs. 15 billion tax-free secured redeemable non-convertible bonds; issue will carry over-allotment option for an additional Rs. 15 billion; financer and promoter of rural electrification projects based in New Delhi, India.

ULTRAPAR HOLDINGS INC.: R$800 million three-year debentures; non-convertible, callable at any time; subject to redemption at 0.3% of par; Banco Bradesco BBI SA, Banco Bradesco SA; proceeds will be used for partial redemption of Ultrapar's third issuance of debentures due December 2012; petrochemicals company based in Sao Paulo.

2012

ECUADOR: Bonds.

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

ISRAEL: $1 billion to $1.5 billion of notes

NOMOS BANK: At least $300 million notes; Moscow-based lender.

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

BANK OF CEYLON: $500 million notes; Sri Lanka-based lender.

SERBIA: International bonds.

ENERGA: €1 billion bonds; energy company based in Gdansk, Poland.

SINGER THAILAND PLC: Up to 750 million baht senior debentures (BBB); tenor of five years or less; Bangkok-based distributor of sewing machines and electrical household appliances.

PROPERTY PERFECT PLC: Up to 4 billion baht debentures; maturities of five years or less; subject to shareholders' approval at general meeting on April 27; proceeds to be used for working capital, acquisitions, debt repayment; Bangkok-based property developer.

LALIN PROPERTY PLC: Up to 2 billion baht debentures; maturities of 10 years or less; Bangkok-based property developer.

SETIA ECOHILL SDN. BHD.: Up to RM 505 million commercial paper/medium-term note program; seven year maturity; proceeds to finance purchase of land, repay bank borrowings, working capital; property development company based in Shah Alam, Malaysia.

YANZHOU COAL MINING CO. LTD.: Up to $1 billion of bonds; issued through wholly owned offshore subsidiary; coal production, processing, marketing and transportation company based in Soucheng, China.

On the Horizon

CHAILEASE FINANCE CO: Possible notes; ANZ, Bank of China, Standard Chartered Bank; roadshow Jan. 17-18; financial services company based in Taiwan.

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

OAO RUSSIAN RAILWAYS CO.: Up to $1 billion of bonds; roadshow started Dec. 12; RBS, VTB Capital; railway operator based in Moscow.

RUSSIAN FEDERATION: Up to $7 billion of notes in 2012; Citigroup, Deutsche Bank, BNP Paribas, Sberbank, VTB Group.

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

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

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

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.

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

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

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

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.

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

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