Emerging markets calendar

2011

TURKIYE IS BANKASI AS (ISBANK): Benchmark notes (expected Ba1//BBB-); JPMorgan, RBS, Standard Bank, Standard Chartered; Rule 144A/Regulation S; roadshow Nov. 8-10; lender based in Istanbul, Turkey.

KOLEJE MAZOWIECKIE (MAZOVIAN RAILWAYS): Euro-denominated senior notes; Standard Bank; Regulation S; owned by Polish Province of Mazowieckie.

IFH PERU LTD.: $100 million tap of 8 5/8% bonds due 2019; Barclays Capital, IMT Trust; Lima, Peru-based financial services company.

THE UNITED COMPANY RUSAL PLC: Renminbi-denominated bonds.

CENCOSUD SA: Up to $1 billion of bonds; JPMorgan, Deutsche Bank, Santander; proceeds to refinance debt; Chile-based retail company.

PT PERUSAHAAN LISTRIK NEGARA (PLN): Possible $1 billion 10-year notes; pricing expected in 2011; Indonesian state-owned electric company.

INDONESIA: Planned sukuk offering worth $650 million; Citigroup, HSBC, Standard Chartered; delayed.

AL BARAKA BANKING GROUP: Up to $500 million sukuk issue of five-year notes; Bahrain-based Islamic lender.

INVERSIONES CMPC SA: Possible notes; Citigroup, Itau, JPMorgan; Santiago, Chile-based forestry products company.

REPUBLIC OF THE PHILIPPINES: Possible Philippine peso-denominated notes.

ON THE HORIZON

DELONG HOLDINGS LTD.: Senior notes; Credit Suisse; Rule 144A/Regulation S; proceeds for general corporate purposes and repayment of outstanding 5% convertible bonds due 2012, repayment of bank loans and acquisitions of strategic investments in businesses engaged in iron ore mining and other raw material and steel mining businesses; Beijing-based steel manufacturing and trading group.

POLSKI KONCERN NAFTOWY ORLEN SA (PKN ORLEN): Euro-denominated notes; Citigroup, Deutsche Bank, RBS; Regulation S; roadshow started Nov. 17; could be postponed; Plock, Poland-based oil refiner and petrol retailer.

UNION BANK OF INDIA: $200 million equivalent Swiss franc-denominated bonds; Mumbai-based lender.

GULF GENERAL INVESTMENT CO.: Possible $300 million notes due 2015 (B1); Deutsche Bank, HSBC, Standard Chartered; roadshow started Nov. 2; proceeds to refinance and reduce existing short-term debt and for general corporate purposes; Dubai-based real estate company.

GEORGIA: $500 million 10-year bonds.

OAO NOVATEK: Possible issue of up to $1.5 billion notes due 2020; independent gas producer based in Tarko-Sale, Russia.

MAQUINARIA ESPECIALIZADA MXO TRUST: $160 million notes; Santander; Rule 144A/Regulation S; roadshow started Oct. 27; special purpose vehicle designed to provide construction machinery services to Corporacion GEO, a Mexico City-based homebuilder.

ARAMCO: $1 billion sukuk with France's Total; Credit Agricole, Deutsche Bank, Samba Financial; state-owned national oil company based in Dhahran, Saudi Arabia.

MOSCOW CREDIT BANK: Eurobond issue totaling about $300 million; Commerzbank, RZB, ING; roadshow started Oct. 14; Moscow-based lender.

BANCO DE CHILE: Dollar-denominated notes; Santiago, Chile-based lender.

NEUQUEN PROVINCE: $250 million floating-rate notes with 10-year maximum tenor; proceeds for repayment of debt or to finance infrastructure projects; province of Argentina.

NIGERIA: $500 million bond; Barclays, FBN Capital.

PTT EXPLORATION AND PRODUCTION PCL: $800 million notes; Deutsche Bank, UBS; proceeds to fund part of its current investment plan; Bangkok-based petroleum exploration and production company.

UNITED GULF BANK: Bonds; Standard Chartered; Bahrain-based lender and subsidiary of Kuwait-based Kipco.

DOHA BANK: $500 million bonds; JPMorgan, Morgan Stanley; Qatar-based lender.

SRI LANKA TELECOM PLC: Up to $125 million of bonds; proceeds to fund expansion plans; telecommunications service provider based in Colombo, Sri Lanka.

BANCO CREDITO E INVERSIONES: $200 million five-year notes; BNP Paribas, JPMorgan; Rule 144A/Regulation S; postponed; lender based in Santiago, Chile.

KENYA ELECTRICITY GENERATING CO. LTD. (KENGEN): Planned $1 billion bond issue; proceeds to finance $4.5 billion expansion plans; power producer based in Nairobi, Kenya.

CORPORACION FINANCIERA DE DESAROLLO (COFIDE): Planned issue of $250 million bonds; lender based in San Isidro, Peru.

CHINA MEDICAL TECHNOLOGIES INC.: Up to $200 million senior notes due 2015 (/B+/B+); Deutsche Bank, Standard Chartered Bank; non-callable for three years; Rule 144A/Regulation S; to redeem, repay or repurchase the company's convertible notes due 2011; delayed; Beijing-based medical device and diagnostics company.

TRANSCREDITBANK: Up to $400 million three-year notes; JPMorgan, BNP Paribas; pricing expected before the end of 2010; Moscow-based commercial bank and subsidiary of JSC Russian Railways.

ZAMBIA: Planned issue of $500 million to $1 billion bonds; proceeds for infrastructure improvements and power plant construction.

GULF INVESTMENT BANK: Expected dollar-denominated bonds or sukuk offering; Barclays Capital, GIB Financial, HSBC, UBS; timing and structure to be determined.

URUGUAY: Planned $1 billion issue of bonds, possible 20-year maturity.

ROADSHOWS

Started Oct. 14: MOSCOW CREDIT BANK: Eurobond issue totaling about $300 million; Commerzbank, RZB, ING.

Started Oct. 27: MAQUINARIA ESPECIALIZADA MXO TRUST: Dollar-denominated notes; Santander.

Started Nov. 2: GULF GENERAL INVESTMENT CO.: Dollar notes due 2015; Deutsche Bank, HSBC, Standard Chartered.

Nov. 8-10: TURKIYE IS BANKASI AS (ISBANK): Benchmark notes; JPMorgan, RBS, Standard Bank, Standard Chartered.

Started Nov. 16: DELONG HOLDINGS LTD.: Senior notes; Credit Suisse.

Started Nov. 17: POLSKI KONCERN NAFTOWY ORLEN SA (PKN ORLEN): Euro-denominated notes; Citigroup, Deutsche Bank, RBS.

Started Nov. 25: INVERSIONES CMPC SA: Possible notes; Citigroup, Itau, JPMorgan.

Started Nov. 29: KOLEJE MAZOWIECKIE (MAZOVIAN RAILWAYS): Euro notes; Standard Bank.

Dec. 9-14: CEMEX: Non-deal roadshow.

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