Emerging markets calendar

January 30 Week

LOTTE SHOPPING BUSINESS MANAGEMENT (HONG KONG) LTD: Benchmark three-year renminbi notes (expected ratings: A3//A-); Deutsche Bank, HSBC; talked in low 4% area; Regulation S; change-of-control put at 101%; Seoul, South Korea-based retail company.

BUSAN BANK: Dollar benchmark bonds due February 2017; Citigroup, Credit Agricole, UBS; Regulation S only; Busan, South Korea-based lender.

GLOBAL YATIRIM HOLDING: Increase of 11% notes due June 30, 2017 (//B-); Mitsubishi UFJ, UBS; Rule 144A/Regulation S; investment holding company based in Istanbul, Turkey.

GRUPO VIRGOLINO DE OLIVEIRA SA (expected ratings B3/B/B): Up to $300 million 10-year notes (expected ratings: B3/B/B); BTG Pactual, Credit Suisse, Itau BBA; talked at 12 1/8% area; non-callable for five years; Rule 144A/Regulation S; change-of-control put at 101%; proceeds for debt refinancing, capital expenditures, general corporate purposes; Brazilian sugar and ethanol producer.

CAUCEDO INVESTMENTS INC.: Possible notes; Bank of America Merrill Lynch, Citigroup, JPMorgan; roadshow Jan. 26-31; Rule 144A/Regulation S; port terminal operator in the Caribbean and Dominican Republic.

GRUPO ELEKTRA SAB DE CV: Possible dollar notes; BCP Securities, Jefferies, UBS; Regulation S only; roadshow Jan. 26-30; Mexico City-based finance and retail corporation.

BRASIL TELECOM SA: Dollar notes; Bank of America Merrill Lynch, Barclays Capital, Espirito Santo Investment Bank, HSBC; Rule 144A/Regulation S; roadshow Feb. 1-3; subsidiary of Rio de Janeiro-based telecommunications company Telemar Norte Leste SA.

MINERVA SA: $250 million to $300 million 10-year notes (expected ratings: B2/B/B+); BTG Pactual, Goldman Sachs, Itau BBA; Rule 144A/Regulation S; roadshow Jan. 30-Feb. 3; proceeds for debt refinancing; food processing company based in Barretos, Brazil.

February 6 Week

EMPRESA DISTRIBUIDORA DE ELECTRICIDAD DE SALTA SA (EDESA): Possible notes; Itau BBA, Standard Bank; roadshow Feb. 2-8; power company based in Salta Province of Argentina.

EURASIAN DEVELOPMENT BANK: Possible notes; JPMorgan, VTB Capital; roadshow Feb. 6-8; financial organization based in Almaty, Kazakhstan.

ISRAEL ELECTRIC CORP. LTD.: Possible dollar notes; Barclays Capital, UBS; Rule 144A/Regulation S; roadshow Feb. 2-6; Haifa, Israel-based publicly controlled utility.

February 13 Week

REPUBLIC OF LATVIA: Global bonds; Deutsche Bank, HSBC, JPMorgan; roadshow Feb. 7-13.

February

RURAL ELECTRIFICATION CORP.: Renminbi notes; roadshow planned for end of January; financer and promoter of rural electrification projects, based in New Delhi.

EXPORT-IMPORT BANK OF KOREA: Swiss franc notes; Credit Suisse, UBS; lender based in Seoul, South Korea.

CENTRAL AMERICAN BOTTLING CORP.: Possible dollar notes; Citigroup; Rule 144A/Regulation S; roadshow Jan. 26-Feb. 1; Guatemala City, Guatemala-based bottler.

GRUPO FARIAS: $300 million seven-year notes (B3); non-callable for four years; sugar concern based in Recife, Brazil.

2012

ECUADOR: Bonds.

AXIS BANK: Benchmark-sized global bonds; Mumbai, India-based lender.

CEAGRO AGRICOLA LTDA.: Bonds; importer and exporter of grains and other agricultural products, based in Campinas, Brazil.

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

ISRAEL: $1 billion to $1.5 billion of notes

NOMOS BANK: At least $300 million notes; Moscow-based lender.

RELIANCE INDUSTRIES: $1 billion 10-year notes; Citigroup, Bank of America Merrill Lynch, UBS; Mumbai, India-based petrochemical and retail conglomerate.

REPUBLIC OF LEBANON: $2 billion bonds in 2012; Deutsche Bank, Fransa Bank, Standard Chartered.

BANK OF CEYLON: $500 million notes; Sri Lanka-based lender.

SERBIA: International bonds.

ENERGA: €1 billion bonds; energy company based in Gdansk, Poland.

On the Horizon

CHAILEASE FINANCE CO: Possible notes; ANZ, Bank of China, Standard Chartered Bank; roadshow Jan. 17-18; financial services company based in Taiwan.

UNITED ARAB SHIPPING CO. (UASC): Dollar notes; Deutsche Bank, Mitsubishi UFJ, UBS; roadshow Nov. 28-30; Regulation S; government-owned container shipping company based in Kuwait.

OAO RUSSIAN RAILWAYS CO.: Up to $1 billion of bonds; roadshow started Dec. 12; RBS, VTB Capital; railway operator based in Moscow.

RUSSIAN FEDERATION: Up to $7 billion in notes in 2012; Citigroup, Deutsche Bank, BNP Paribas, Sberbank, VTB Group.

KAZAKHSTAN: Possible dollar notes.

ASYA KATILIM BANKASI AS: $300 million five-year notes; lender based in Istanbul, Turkey.

UKRAINE: Up to $2.5 billion in bonds.

QATAR NATIONAL BANK: Up to $7.5 billion in notes; Barclays Capital, HSBC, QNB Capital; proceeds to fund corporate operations; lender based in Qatar.

QATAR INTERNATIONAL ISLAMIC BANK (QIIB): Dollar five-year sukuk notes; Qatar National Bank, HSBC, Standard Chartered; Qatar-based lender.

BANCO LATINOAMERICANO DE EXPORTACIONES SA (BLADEX): Up to $200 million in notes with tenor of between five and seven years; lender based in Panama.

BANCO PICHINCHA: $100 million bonds; lender based in Quito, Ecuador.

GAIL INDIA LTD.: $300 million notes; state-owned natural gas processing and distribution company based in New Delhi.

CATHAY PACIFIC AIRWAYS LTD.: Dollar notes; HSBC; airline based in Hong Kong.

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

CHINA CITIC BANK CORP. LTD.: Up to RMB 30 billion by end of 2013; HSBC, UBS; Hong Kong-based business conglomerate.

GLOBAL BIO-CHEM TECHNOLOGY GROUP CO. LTD.: Bonds; HSBC; Regulation S; proceeds for repayment of existing debt; Hong Kong-based manufacturer and seller of corn-related products.

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

Roadshows

Nov. 28-30: UNITED ARAB SHIPPING CO. (UASC): Dollar notes; Deutsche Bank, Mitsubishi UFJ, UBS.

Started Dec. 12: OAO RUSSIAN RAILWAYS CO.: Up to $1 billion of bonds; RBS, VTB Capital.

Jan. 17-18: CHAILEASE FINANCE CO: Possible notes; ANZ, Bank of China, Standard Chartered Bank.

Jan. 26-30: GRUPO ELEKTRA SAB DE CV: Possible dollar notes; BCP Securities, Jefferies, UBS.

Jan. 26-31: CAUCEDO INVESTMENTS INC.: Possible notes; Bank of America Merrill Lynch, Citigroup, JPMorgan.

End of January: RURAL ELECTRIFICATION CORP.: Renminbi notes.

Jan. 30-Feb. 3: MINERVA SA: Possible notes; BTG Pactual, Goldman Sachs, Itau BBA.

Feb. 1-3: BRASIL TELECOM SA: Dollar notes; Bank of America Merrill Lynch, Barclays Capital, Espirito Santo Investment Bank, HSBC.

Feb. 2-6: ISRAEL ELECTRIC CORP. LTD.: Possible dollar notes; Barclays Capital, UBS.

Feb. 2-8: EMPRESA DISTRIBUIDORA DE ELECTRICIDAD DE SALTA SA (EDESA): Possible notes; Itau BBA, Standard Bank.

Feb. 6-8: EURASIAN DEVELOPMENT BANK: Possible notes; JPMorgan, VTB Capital.

Feb. 7-13: REPUBLIC OF LATVIA: Global bonds; Deutsche Bank, HSBC, JPMorgan.

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