E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/23/2012 in the Prospect News Emerging Markets Daily.

Emerging markets calendar

July 23 Week

CFG INVESTMENT SAC: Fixed-rate senior dollar notes due 2019 (expected: Ba3); HSBC, Bank of America Merrill Lynch, Standard Chartered Bank, ANZ Banking Group, Jefferies, Rabo Securities, Deutsche Bank; proceeds to fund expansion of group's fishing operations in the North Pacific Ocean, repay debt and finance working capital; pricing expected July 24; whispered at high 9% area; unit of China Fishery Group Ltd., a Hong Kong-based manager and operator of fishing vessels for coastal and deep sea industrial fishing.

STATE BANK OF INDIA: Dollar five-year notes; Citigroup, Barclays, Bank of America Merrill Lynch, Deutsche Bank, UBS, JPMorgan; roadshow started July 16; banking financial services company based in Mumbai.

JSC VTB BANK (VTB): Possible dollar perpetual notes; Citigroup, UBS Investment Bank, VTB Capital; roadshow the week of July 23; Moscow-based lender.

SOUND GLOBAL LTD.: Dollar notes (expected ratings: B1/B+/); HSBC, Deutsche Bank; Regulation S; roadshow started July 23; Beijing-based water and wastewater treatment provider.

CHINA DEVELOPMENT BANK: Renminbi notes in two tranches; Bank of China, BOCI, Barclays Capital, HSBC, ICBC, Standard Bank and Standard Chartered Bank for tranche A; Bank of China, BOCI, Barclays Capital, HSBC, Standard Chartered Bank for tranche B; investor luncheon on July 25; Regulation S; financial institution based in Beijing.

July 30 Week

FAR EAST ENERGY (BERMUDA) LTD.: Senior secured notes due 2017; Rule 144A/Regulation S; wholly owned subsidiary of Houston-based Far East Energy Corp., coalbed methane exploration and development company; proceeds to repay debt, for general corporate purposes.

ANGLOGOLD ASHANTI: Possible notes; Barclays Capital, Citigroup; roadshow started July 19; Securities and Exchange Commission-registered; Johannesburg-based gold producer.

CORPORACION AZUCARERA DEL PERU (COAZUCAR): $300 million notes (expected rating: //BB); Bank of America Merrill Lynch, Citigroup; Rule 144A/Regulation S; roadshow July 19-25; proceeds to repay debt and for general corporate purposes; part of Grupo Gloria, an agribusiness holding company based in Peru.

SRI LANKA PORTS AUTHORITY: $1 billion global bonds, possibly in October; HSBC; government agency that develops and maintains the country's commercial ports.

PEOPLE'S LEASING CO. PLC: Up to $150 million notes; Barclays Capital, HSBC; Regulation S; roadshow upcoming; Sri Lanka-based leasing company and subsidiary of People's Bank.

2012

TINKOFF CREDIT SYSTEMS: Dollar notes, possibly with three-year tenor; Citigroup, JPMorgan, VTB Capital; Regulation S; Moscow-based credit card lending institution.

CHAOWEI POWER HOLDINGS: Renminbi-denominated bonds; Nomura International plc; plans to use proceeds for expansion of production capabilities; Changxing County, Zhejiang Province, China-based motive battery manufacturer operating in electric bike market in China.

ISRAEL: $1 billion to $1.5 billion of notes

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

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

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

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

On The Horizon

ESKOM HOLDINGS SOC LTD.: Eurobonds in 2013; electricity company based in Johannesburg.

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

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

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

Roadshows

Started July 16: STATE BANK OF INDIA: Dollar five-year notes; Citigroup, Barclays, Bank of America, Deutsche Bank, UBS, JPMorgan.

Started July 19: ANGLOGOLD ASHANTI: Possible notes; Barclays Capital, Citigroup.

July 19-25: CORPORACION AZUCARERA DEL PERU (COAZUCAR): Dollar notes; Bank of America Merrill Lynch, Citigroup.

July 23 week: JSC VTB BANK (VTB): Possible dollar perpetual notes; Citigroup, UBS Investment Bank, VTB Capital.

July 23 week: SOUND GLOBAL LTD.: Dollar notes; HSBC, Deutsche Bank.

Upcoming: PEOPLE'S LEASING CO. PLC: Dollar notes; Barclays Capital, HSBC.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.