Emerging markets calendar

LATIN AMERICA

On The Horizon

PETROLEO BRASILEIRO SA:

• Up to R$5 billion of debentures in four series

• Minimum R$800 million in the first and/or second series (for infrastructure debentures)

• R$3.2 billion in the third and/or fourth series

• Proceeds for investment in oil and natural gas infrastructure

• Rio de Janeiro-based oil and gas company

EMPRESA PROVINCIAL DE ENERGIA DE CORDOBA:

• Up to $100 million of notes

• Proceeds to repay existing debt with wholesale market administrator and for working capital

• Bookrunners include BofA Merrill Lynch and Citigroup

• Rule 144A and Regulation S

• Buenos Aires-based energy company (electricity, oil and gas)

CABLEVISION SA:

• Plans $50 million of class B fixed notes

• To be issued under the company’s $1 billion global notes program

• Argentine cable television company subsidiary

2017

LA RIOJA:

• $200 million notes

• UBS, Puente Hnos SA

• Province in Argentina

GRUPO LOS GROBO:

• Dollar notes

• Buenos Aires-based agribusiness

COSTA RICA:

• $1 billion of 30-year notes

• Deutsche Bank, HSBC.

COLOMBIA:

• Euro notes

• BBVA, Goldman Sachs, JPMorgan

• Securities and Exchange Commission registered

• Includes a make-whole call

• Proceeds for general budgetary purposes

ASIA

On The Horizon

SUNA CHINA HOLDINGS LTD.:

• Dollar-denominated, fixed-rate notes

• Regulation S

• HSBC, Morgan Stanley, China CITIC Bank International, Citigroup, CMB International, Haitong International, IBC, ICBC International and SPDB International

• Proceeds to refinance existing debt

• Tianjin, China-based residential and commercial property developer

CHINA RESOURCES LAND LTD:

• Up to RMB 5 billion in two tranches of medium-term notes

• Including RMB 3.5 billion three-year notes and RMB 1.5 billion five-year notes

• Citic Securities Co. Ltd. and Agricultural Bank of China Ltd. are joint lead underwriters

• Proceeds to be used for development of company projects and additional liquidity

• Hong Kong-based property developer

CHINA NATIONAL CHEMICAL CORP.:

• Dollar-denominated senior bonds (expected: /BBB/A-)

• Roadshow July 5 to July 11 in Asia and Europe

• Will be issued through CNAC (HK) Finbridge Co. Ltd.

• Proceeds to refinance the company’s existing debt and for general corporate purposes

• State-owned chemical company based in Beijing

METALLURGICAL CORP. OF CHINA LTD:

• RMB 3 billion of three-year corporate bonds, plus an over-allotment option for RMB 2 billion

• To be sold at par at a 4% to 5% coupon

• Industrial Securities Co. is lead underwriter

• Proceeds to replenish working capital

• Beijing-based brokerage

ABOITIZ POWER CORP.:

• Plans public offerings for up to PHP 30 billion of fixed-rate bonds in tranches

• Power generation company and subsidiary of Aboitiz Equity Ventures Inc. based in Taguig City, Philippines

DIGITAL CHINA HOLDINGS LTD.:

• Plans to issue up to RMB 1.3 billion of corporate bonds in multiple tranches

• The first tranche will be completed with 12 months, and the remaining tranches are seen being completed within 24 months.

• The Hong Kong-based foreign brand information technology products company is a spinoff from Legend Group

AXIS BANK LTD.:

• Plans to issue up to Rs. 35 billion of series 28 unsecured subordinated perpetual debentures

• Additional tier 1, Basel 3 compliant notes would be issued with a face value of Rs. 1 million each

• Mumbai-based bank

AYALA CORP.:

• Board of directors approved up to PHP 30 billion of debt securities at its meeting on June 23

• Securities will be sold in one or more tranches through public offerings under a three-year shelf registration with the Philippine Securities and Exchange Commission

• Makati City, Philippines-based conglomerate

CHINA HUARONG ASSET MANAGEMENT CO., LTD.:

• Proposing to issue up to RMB 20 billion of offshore preference shares

• Preference shares will be sold at or above par

• Proposed issuance is subject to shareholders’ approval at an upcoming meeting

• State-owned asset manager is based in Beijing

ASTRO MALAYSIA HOLDINGS BHD.:

• Up to RM 3 billion medium-term notes

• To be issued through Measat Broadcast Network Systems Sdn. Bhd.

• CIMB Investment Bank Bhd. and RHB Investment Bank Bhd. are joint lead arrangers

• Proceeds to finance licensing costs, purchase equipment, for capital expenditures and refinance any maturing MTNs

• Kuala Lumpur, Malaysia-based satellite television and radio operator

TECHTRONIC INDUSTRIES CO. LTD.:

• Launched up to $500 million medium-term notes

• Citigroup and HSBC are joint arrangers and dealers

• To be distributed under Regulation S

• Program to be listed on the Stock Exchange of Hong Kong Ltd.

• Hong Kong-based electrical and electronic products manufacturing and trading company

HON HAI PRECISION INDUSTRY CO., LTD.:

• Plans to issue up to NT$27 billion of unsecured corporate bonds at par in one or more tranches

• Proceeds will be used to repay debt and for working capital

• Tu-cheng, Taiwan, manufacturer of computer connectors, cable assemblies and enclosures

FAR EASTONE TELECOMMUNICATIONS CO., LTD.:

• Plans to issue up to NT$5 billion of corporate bonds with maturities of up to seven years

• Fixed-rate bonds will be sold at par in one or more public offerings

• Proceeds will be used to repay debt

• Taipei, Taiwan-based telephone company

EUROPE/CENTRAL ASIA

On The Horizon

NITROGENMUVEK ZRT:

• Offering of unsecured, fixed-rate notes

• Regulation S

• Raiffeisen Bank International AG mandated to conduct investor meetings

• Proceeds to refinance debt and for general corporate purposes

• To be admitted to trading on the Euro MTF of the Luxembourg Stock Exchange

• Veszprem, Hungary-based producer of ammonia and fertilizers

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