Emerging markets calendar: Matahari Putra resurrects three-year notes

WEEK OF SEPT. 25 OR WEEK OF OCT 2

PT MATAHARI PUTRA PRIMA TBK: Resurrected offering of $100 million to $150 million in three-year notes (B1/B+); UBS, Credit Suisse; Regulation S; non-callable for one year; price talk at 10%; Indonesian retailer.

GRUPO SENDA AUTOTRANSPORTE SA de CV: $200 million senior guaranteed notes due 2016 (/B+/B); Citigroup; Rule 144A/Regulation S; non-callable for five years; three-year 35% equity clawback; to refinance existing debt; transport company headquartered in Nuevo Leon, Mexico; roadshow during Sept. 18 week; price guidance set at 11% to 11½%.

WEEK OF OCT. 2

JSC NURBANK: Dollar-denominated offering of five-year fixed rate notes (Ba3/B issuer's rating); HSBC, ING; Regulation S; roadshow on Sept. 27 in Singapore, Hong Kong on Sept. 28, Manila on Sept. 29, Zurich and Geneva on Oct. 2, London on Oct. 3, Frankfurt and Vienna on Oct. 3; to fund loans to customers, general corporate purposes; issued via NurFinance BV; based in Almaty, Kazakhstan.

BERTIN LTDA: $150 million offering of 10-year senior notes (Ba3/B+ expected); Credit Suisse; Morgan Stanley; Standard Bank; Rule 144A/Regulation S; non-callable for life; roashow started on Sept. 26, in United States during the week of Oct. 2; to refinance existing debt, capital expenditures, general corporate purposes; Brazilian beef exporter.

RUSSIAN CREDIT BANK OF MOSCOW: Debut offering of dollar-denominated eurobonds (//B-); Merrill Lynch; Regulation S; roadshow is slated for Asia and Europe; Asian leg to begin on Sept. 21; CBOM Finance plc (Ireland) will issue; full-service commercial and consumer bank operating across Moscow and the Moscow region.

WEEK OF OCT. 9

OJSC SUEK: Dollar-denominated offering of credit-linked notes; ING, Trust Investment Bank; Regulation S; two-year bullet notes; Asian leg of the roadshow on Oct. 4 in Hong Kong, Manila on Oct. 5, Singapore on Oct. 6, European leg in Zurich and Geneva on Oct. 9, Vienna on Oct. 10, London on Oct. 11; OJSC Siberian Coal Energy Company (SUEK ) is a major Russian coal group.

RANHILL LTD.: Issue of five-year bullet bonds (/B-/B-) up to $250 million; ABN Amro (books), CIMB Ltd. (co-manager); Rule 144A/Regulation S; roadshow Oct. 2 to Oct. 13, stops in Singapore, Hong Kong, London, New York, Boston, Los Angeles; for debt refinancing, working capital, general corporate purposes; Malaysian-based investment holding company Ranhill Bhd. will guarantee; principal activities include engineering and power generation.

OCTOBER

BANCO SCHAHIN SA: Dollar-denominated notes due 2016 (expected B2); Dresdner Kleinwort; Rule 144A/Regulation S; non-callable for five years; Brazilian commercial bank headquartered in Sao Paolo; presently in the market.

UNITED GULF BANK BSC: Dollar-denominated of lower tier II bonds; Morgan Stanley, ABN Amro, UBS; Bahrain-based investment-banking subsidiary of Kuwait Projects Co. (Kipco).

PROVINCE OF BUENOS AIRES: approximately $300 million in new debt; expected to be denominated in dollars, carry a tenor of 10 years.

CITY MORTGAGE BANK: $63.95 million offering of amortizing senior notes due 2033; MNB Capital Markets, Greenwich Financial Services LLC; Rule 144A/Regulation S; circa 3.6-year average life, Russian commercial bank, part of the Rosgosstrakh insurance group; expected to price by the end of the month.

INVESTCORP BANK (Baa2/BBB): Dollar-denominated tier I perpetual preferred notes (expected ratings Ba1/BB+); BNP Paribas, Credit Suisse, Deutsche Bank (joint lead managers); Regulation S-only; non-callable for 10 years; will contain coupon step-up; financial institution based in Manama, Bahrain; price talk 10-year mid-swaps plus 350 bps (9.05% area); roadshow concluded June 7; timing to be determined.

ON THE HORIZON

BANK KHRESCHATYK: Dollar-denominated loan participation notes due 2009 (B2//B); Deutsche Bank; initial price guidance 9%; special-purpose vehicle of Ukraine's Bank Khreschatyk, financial institution headquartered in Kiev (postponed on Sept. 21).

RIZAL COMMERCIAL BANKING CORP: $100 million in hybrid tier 1 debt; Citibank, Deutsche Bank; Makati City, Philippines-based private domestic commercial bank.

FOSUN INTERNATIONAL LTD.: $500 million global bonds due 2013; Deutsche Bank, Citigroup; Shanghai, China, company with operations in the steel, real estate and pharmaceutical sectors.

SAN MIGUEL CAPITAL FUNDING LTD.: Benchmark-sized offering of dollar-denominated perpetual non-cumulative non-voting preferred shares; (expected Ba3); Citigroup, Credit Suisse, Deutsche Bank; HSBC; Regulation S; roadshow started in Manila, the Philippines, on April 20, Hong Kong and Singapore on April 21, Zurich, Switzerland, on April 24, and London on April 25; callable in the fifth year. The preferreds will be non-cumulative non-voting; Cayman Islands-registered special purpose unit of beverage and food conglomerate San Miguel Corp.; proceeds will be used by the parent company; price guidance at 9% area (postponed on April 28)

PT INDOFOOD SUKSES MAKMUR: $250 million to $300 million bonds; to refinance company's bonds due 2007; world's largest instant noodle maker; based in Jakarta, Indonesia.

ROADSHOWS

Week of Sept. 18: GRUPO SENDA AUTOTRANSPORTE SA de CV: $200 million senior guaranteed notes due 2016 (/B+/B); Citigroup

Sept. 26- week of Oct. 2: BERTIN LTDA: $150 million offering of 10-year senior notes (Ba3/B+ expected); Credit Suisse; Morgan Stanley; Standard Bank

Sept. 27-Oct. 3: NURBANK: Dollar-denominated offering of five-year fixed rate notes (Ba3/B issuer rating); HSBC, ING

Oct. 2-13: RANHILL LTD.: Issue of five-year bullet bonds (/B-/B-) up to $250 million; ABN Amro (books), CIMB Ltd. (co-manager)

Oct. 6-11: OJSC SUEK: Dollar-denominated offering of credit-linked notes; ING, Trust Investment Bank

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