Canadian Bonds Calendar

MAY 16

CANADA HOUSING TRUST: C$3 billion of Canada Mortgage Bonds (Aaa/AAA/DBRS: AAA);unit of Canada Mortgage and Housing Corp., which provides financing, mortgage loan insurance, mortgage-backed securities and housing policy and programs; pricing May 16.

• C$2 billion reopening of 2.65% notes due 2022, price talk 61 bps over Government of Canada benchmark;

• C$1 billion of floating-rate notes due 2017, price talk at 11 bps over three-month CDOR

WEEK OF MAY 14

HUDBAY MINERALS INC.: $400 million senior notes due 2020 (expected ratings B3/B); Bank of America Merrill Lynch (sole books), CIBC World Markets, Scotia Capital, TD Securities, Credit Suisse Securities (USA) LLC, RBC Capital Markets, NBCF, SG CIB, Cormark, GMP, Macquarie, Stifel, Nicholas (co's); Rule 144A and Regulation S for life; non-callable for four years; 101% poison put; for general corporate purposes, development projects in Manitoba and, if approved, the development of the Constancia project; Toronto-based integrated mining company producing copper concentrate; investor call 12:30 p.m. ET Monday; roadshow through May 18.

SWEDISH CREDIT EXPORT CORP.: Canadian roadshow; Stockholm-based SEK is an international financing services company for the Swedish export industry; roadshow week of May 14.

ON THE HORIZON

AUCKLAND COUNCIL (NEW ZEALAND); Canadian roadshow; BMO Capital Markets Corp.; roadshow held week of April 30.

BAA AIRPORTS LTD.: Bank of America Merrill Lynch, CIBC World Markets Inc. and RBC Capital Markets Corp.; London-based owner of six airports, including Heathrow Airport; investor roadshow held April 16-17.

GLOBALIVE WIRELESS MANAGEMENT CORP.: Up to $1 billion equivalent in U.S. dollar- and Canadian dollar-denominated notes; Credit Suisse Securities (USA) LLC, Morgan Stanley & Co., BMO Capital Markets Corp.; Rule 144A; to fund expansion of its wireless network and for general corporate purposes; Toronto-based wireless communications services provider; expected during first quarter of 2012.

KELLOGG CO.: TD Securities Inc., Merrill Lynch Canada Inc. and HSBC Capital (Canada) Inc.; food manufacturer based in Battle Creek, Mich.; roadshow held May 1-2.

KOREA GAS CORP.: Maple bond offering; Scotia Capital Inc., Bank of America Merrill Lynch; (A1/A/A+); public natural gas company incorporated by the Korean government; roadshow held April 23-24.

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