Emerging Markets Calendar

EMERGING EUROPE

DEVELOPMENT BANK OF KAZAKHSTAN:

• Up to KZT 100 billion of medium-term eurobonds, payable in U.S. dollars

• Tenor of five years

• Roadshow starts Jan. 30 in Frankfut and concludes Feb. 3 in London

• J.P. Morgan, Societe Generale, UBS Investment Bank and Halyk Finance are mandated as joint bookrunners

• Regulation S

• Nur-Sultan, Kazakhstan-based bank

VFU FUNDING PLC:

• Subsidiary of VF Ukraine PJSC

• $500 million in senior loan participation notes

• J.P. Morgan Securities plc, Raiffeisen Bank International, Dragon Capital and ICBC Standard Bank are managers

• Proceeds to refinance a bridge loan facility of $464 million

• Mobile operator based in Kiev, Ukraine

LATIN AMERICA

AEROVIAS DE MEXICO SA DE CV:

• Fully owned subsidiary of Grupo Aeromexico SAB de CV

• $400 million senior unsecured global notes

• Proceeds to cover debt maturities

ALPHA HOLDING SA DE CV (ALPHACREDIT):

• Senior unsecured five-year $350 million notes

• Guaranteed by all of Alpha Holding’s operating subsidiaries

• Five-year tenor

• Rule 144A and Regulation S offering

BUENOS AIRES PROVINCE:

• Senior unsecured notes for $265.1 million

• Due July 2020

• Proceeds to refinance debt

CENTRAIS ELECTRICAS BRASILEIRAS SA (ELETROBRAS):

• New notes in an international capital markets offering

• Proceeds would be used to pay the tender consideration for any and all of its $1.75 billion of 5Ύ% notes due 2021

• Brazil’s largest utility company

CREDIVALORES - CREDISERVICIOS SAS:

• $320 million of notes

• Up to five-year tenor

• Proceeds will be used to facilitate the prepayment of senior debt due 2022

GLOBO COMUNICACAO E PARTICIPACOES SA:

• Offering of $300 million senior unsecured notes

• Bullet maturity in 2030

• Proceeds to purchase up to $300 million of the 4 7/8% senior notes and the remainder for general corporate purposes

• Brazil’s largest media conglomerate

INDUSTRIAS UNIDAS, SA DE CV:

• $250.47 million 2027 notes

• To be used to settle exchange offer for its outstanding series A and series B 9% senior secured notes due 2023

OPERADORA DE SERVICIOS MEGA SA DE CV:

• Senior unsecured notes for up to $300 million

• Five-year tenor

• Rule 144A and Regulation S

• Proceeds mostly to prepay $142 million in secured credit facilities and a bridge loan and use the remainder for business growth

TRANSJAMAICA HIGHWAY LTD.:

• $225 million of notes

AFRICA AND THE MIDDLE EAST

AVERDA HOLDINGS INTERNATIONAL LTD.:

• Proposed $325 million of senior unsecured notes

GHANA:

• Dollar-denominated eurobond

ASIA

ADANI ELECTRICITY MUMBAI LTD.:

• Wholly owned subsidiary of Adani Transmission Ltd.

• $1 billion senior secured bullet notes

• Proceeds to refinance the majority of its debt

GLENMARK PHARMACEUTICALS LTD.:

• $200 million senior unsecured notes

• Proceeds are expected to be used to refinance its $200 million senior unsecured notes due on Aug. 6, 2021

HENAN ZHONGYUAN FINANCIAL HOLDING CO. LTD.:

• Dollar-denominated bonds

• Proceeds to refinance debt and for general corporate purposes

• Investor meetings were scheduled starting Nov. 11

LALITPUR POWER GENERATION CO. LTD.:

• $750 million senior secured notes

• 10-year tenor

• Proceeds to repay part of its senior debt, subordinated debt and capital creditors, create a debt service reserve account and finance general corporate purposes

LODHA DEVELOPERS INTERNATIONAL LTD.:

• Up to $225 million of notes

• Guaranteed by parent holding company Macrotech Developers Ltd.

• Secured by a charge on the equity value of the 1 Grosvenor Square project

• Proceeds will be used to refinance a part of its outstanding $324 million 12% senior notes due March 13, 2020

• Real estate developer is based in Mumbai

MCC HOLDING (HONG KONG) CORP. LTD.:

• Guaranteed by Metallurgical Corp. of China Ltd.

• Subordinated perpetual securities

• To refinance debt and for general corporate purposes

SOUTHEAST ASIA COMMERCIAL JSB (SEABANK):

• Up to $400 million of notes due no later than 2024

• Originally applied for listing on Oct. 18, 2019

• Extension of validity period to April 17

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