Emerging markets calendar

FEBRUARY 14 WEEK

OJSC OSCHADBANK: Dollar bonds (expected ratings: B3//B); Credit Suisse, Morgan Stanley; Regulation S; lender based in Kiev, Ukraine.

FEBRUARY 21 WEEK

EDCON PTY. LTD.: €400 million-equivalent seven-year senior notes; to be offered in euro and dollar denominations; Goldman Sachs, Deutsche Bank, Barclays Capital, Morgan Stanley; three years call protection; proceeds to refinance debt and for hedging obligations; Rule 144A/Regulation S; Johannesburg, South Africa-based dry goods retailer.

MARCH

KINGDOM OF BAHRAIN: Up to $1 billion of notes.

COSTA RICA: Possible notes.

ROMANIA: Euro-denominated notes.

QATAR GENERAL INSURANCE AND REINSURANCE CO. SAQ: Up to $500 million of notes; issuance likely after March 8; provides energy insurance to the energy and petrochemical industry in Doha, Qatar.

REPUBLIC OF CROATIA: Notes; Barclays Capital, Deutsche Bank, JPMorgan; proceeds to finance the budget deficit and refinance the sovereign's maturing €750 million bond due March 14, 2011.

UNITED CO. RUSAL PLC: RUB 30 billion bonds, CNY 1 billion, $1 billion eurobonds by May; RUB 15 million tranche talked at coupon of 9% to 9½%; proceeds to refinance debt; aluminum company based in Moscow.

ON THE HORIZON

SENEGAL: $500 million bonds by April.

TECHNIKABANK OJSC: Dollar notes (//B-); Commerzbank AG, HSBC; change-of-control put if three main shareholders cease to own more than 50% of company; Azerbaijan-based lender.

LDK SOLAR CO. LTD.: Renminbi-denominated benchmark-sized notes; Morgan Stanley, Citigroup; Regulation S only; payable in dollars; proceeds to repay existing debt; China-based solar wafer producer.

INDONESIA: $2 billion notes due 2021, 2041; Deutsche Bank, JPMorgan, UBS.

BRASKEM SA: Possible notes; Credit Agricole CIB, Deutsche Bank, Espirito Santo Investment Bank; petrochemical company based in Sao Paulo.

SLOVAK REPUBLIC: Tap of bonds due Feb. 24, 2016; KBC Group, Erste Group, Intesa Sanpaolo Group.

CAPEX SA: $200 million notes due 2018 (//B); Buenos Aires-based energy company.

REPUBLIC OF KENYA: Notes; issuance likely by June 2013.

CITY OF KIEV: $300 million notes; Credit Suisse linked to deal.

OAO RUSSIAN RAILWAYS: At least $500 million notes; Moscow-based railway company.

OAO ASB BELARUSBANK: Dollar-denominated bond of up to $500 million.

AKBANK: Possible dollar notes.

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.

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

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

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.

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.

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.

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.

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

Jan. 11-19: TECHNIKABANK OJSC: Possible dollar notes; Commerzbank AG, HSBC.

Started Jan. 26: BRASKEM SA: Possible notes; Credit Agricole CIB, Deutsche Bank, Espirito Santo Investment Bank.

Feb. 21-24: PETROLEOS MEXICANOS SAB de CV: Non-deal roadshow.

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