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Published on 9/20/2018 in the Prospect News Emerging Markets Daily.

Emerging markets calendar

LATIN AMERICA

On The Horizon

EMPRESAS CMPC SA:

• Offering of dollar-denominated intermediate notes

• JPMorgan, Santander and Scotiabank are joint bookrunners

• Roadshow meetings May 11-May 15

• Rule 144A and Regulation S

• Santiago, Chile-based pulp and paper company

ASIA

PAPUA NEW GUINEA:

• U.S. dollar benchmark of five- and/or 10-year senior notes

• Credit Suisse and Citigroup are joint lead managers and bookrunners

• Roadshow beginning Sept. 5 in Singapore, Hong Kong, London and the United States

• Rule 144A and Regulation S

HEALTH AND HAPPINESS (H&H) INTERNATIONAL HOLDINGS LTD.:

• Proposed dollar five-year notes

• Goldman Sachs (Asia) LLC bookrunner

• Rule 144A and Regulation S

• Roadshow meetings beginning on Monday

• Hong Kong-based health supplements and child health company

CHINA CONSTRUCTION BANK CORP. LTD.:

• Proposed dollar and euro notes of short to intermediate maturity

• Dollar sustainability notes to be issued by CCB Hong Kong Branch

• Euro green bonds to be issued by CCB Luxembourg Branch

• China Construction Bank, HSBC, Credit Agricole CIB, Citigroup, BNP Paribas and Mizuho Securities are joint global coordinators

• Roadshow meetings in Hong Kong, Paris and London, beginning on Monday

• Beijing-based lender

CHINA EVERBRIGHT BANK HONG KONG BRANCH:

• U.S. dollar-denominated long-term senior unsecured notes

• Pricing under the bank’s medium-term note program

• Proceeds to finance or refinance eligible green assets

• Hong Kong-based financial conglomerate in China

ZHUHAI HUAFA GROUP CO. LTD:

• Proposed senior dollar notes to be issued by Huafa Group 2018 I Co. Ltd.

• Maturity of two years

• Proceeds will be used for refinancing offshore debt and offshore business operations

• Zhuhai, China-based real estate development company

YUANTA FINANCIAL HOLDING CO. LTD.:

• $50 million to $100 million of notes of up to five years

• Citibank NA, London branch will act as agent

• Bonds will be priced at par with a coupon of no more than 4.4%

• Proceeds will be used to repay bank loans and improve the company’s financial structure

• Taipei, Taiwan-based financial services company

KARUR VYSYA LTD.:

• Considering a debt instrument

• Board meeting June 25 to consider the proposal

• Karur, India-based lender

KGI BANK:

• Up to $500 million of debt of up to 30-year duration

• China Development Financial Holding Corp. is parent company

• Proceeds to support business development and enhance funding liquidity

• Taipei, Taiwan-based lender

CEBU LANDMASTERS INC.:

• Plans debt issue

• Proceeds to fund capital expenditures, including acquisitions, development and joint ventures

• Cebu, Philippines-based real estate developer

AIR CHINA LTD.:

• Plans to issue debt financing instruments

• Maturity up to 15 years

• Proceeds earmarked for operations, adjusting debt structure, working capital and funding capital investments

• Subject to shareholders approval

• Beijing-based airline

CHENGDU XINGCHENG INVESTMENT GROUP CO. LTD.:

• Dual-tranche offering of five- and seven-year notes

• Proceeds will be used for project construction and credit payment

• Infrastructure development financing company for Chengdu city in Sichuan province, China

UPL LTD.:

• International offering of U.S. dollar notes due 2028

• Via subsidiary UPL Corp. Ltd.

• Proceeds to refinance borrowings

• Regulation S

• Mumbai-based agricultural company

EMERGING EUROPE & CENTRAL ASIA

On The Horizon

MBANK SA:

• Euro denominated offering of short- to medium-term notes

• Bookrunners are Commerzbank, HSBC, JPMorgan, Morgan Stanley and UBS

• Roadshow meetings Aug. 27-28 in Germany and London

• Warsaw-based lender

AS LHV GROUP:

• €45 million of 10-year subordinated bonds being talked

• Non-callable for five years

• Listing on the Nasdaq Tallinn Stock Exchange

• Tallinn, Estonia-based financial company

MIDDLE EAST & AFRICA

Week of Sept. 17

SAUDI ELECTRICITY CO.:

• $2 billion sukuk in two tranches

• $800 million 5-year tranche guided to mid-swaps plus 115 bps

• $1.2 billion 10-year tranche guided to mid-swaps plus 160 bps

• Citigroup, First Abu Dhabi Bank, HSBC, Mizuho, MUFG, Natixis and SMBC are bookrunners

• Majority state-owned electricity company

ALDAR PROPERTIES PJSC:

• Islamic bond

• Standard Chartered plc and First Abu Dhabi Bank are bookrunners

• Abu Dhabi-based real estate company

SASOL LTD.:

• U.S. dollar denominated notes

• 5.5-year tranche guided Treasuries plus 300 bps +/- five bps

• 10-year tranche guided Treasuries plus 350 bps +/- five bps

• Issued by subsidiary Sasol Financing USA LLC

• Bank of America Merrill Lynch, Citigroup and JPMorgan are joint bookrunners

• SEC registered

• Proceeds to partially repay $4 billion LCCP project asset finance facility maturing December 2021

• Johannesburg-based mining, energy and chemical company

STATE OF ISRAEL:

• €10 million medium-term note program

• Barclays (arranger), BNP Paribas, BofA Merrill Lynch, Citigroup, Deutsche Bank Goldman Sachs International, Morgan Stanley and UBS Investment Bank are bookrunners

• Proceeds for general financing purposes

• Regulation S


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