Emerging markets calendar

ASIA

March 10 Week

MAOYE INTERNATIONAL HOLDINGS LTD.: Renminbi notes (/BB/); Citigroup, Deutsche Bank; Regulation S; roadshow ahead; proceeds for financing debt and for general corporate purposes; department store based in Shenzhen, China.

BEIJING INFRASTRUCTURE INVESTMENT CO. LTD.: Dollar notes (expected ratings: A2/A-/A+); RBS, Wing Lung Bank, ICBC (Asia), ICBC International; Regulation S; roadshow started March 10.

TIMES PROPERTY HOLDINGS LTD.: Dollar notes due in five years (expected ratings: B2/B/); BOC International, Citigroup, Haitong International, HSBC, UBS; Regulation S; proceeds to refinance existing debt, to fund property development projects and for general corporate purposes; talked in the 13% area; based in Guangzhou, China.

March 17 Week

BCP (SINGAPORE) VI CAYMAN FINANCING CO. LTD. (PACTERA TECHNOLOGY INTERNATIONAL LTD.): $275 million senior secured notes due 2021 (expected Ba3//); BofA Merrill Lynch (lead left books), Citigroup Global Markets, HSBC (joint books); Rule 144A and Regulation S; non-callable for three years (special call allows the issuer to redeem 10% of the notes annually at 103 during the non-call period); three-year 40% equity clawback; to finance the proposed acquisition of Pactera by the Blackstone Group; Beijing-based consulting and technology services provider; roadshow starts March 13.

April

PAKISTAN: Notes; roadshow ahead.

2014

CLP POWER HONG KONG LTD.: Possible notes; HSBC; roadshow ahead; China-based utility.

MANILA ELECTRIC CO. (MERALCO): $250 million-$300 million notes; Pasig City, Philippines-based electrical power distributor.

SAPURAKENCANA BHD.: Dollar sukuk; proceeds to refinance debt and finance acquisition; oilfield services provider in Kuala Lumpur.

PT SRI REJEKI ISMAN TBK: $350 million notes; Barclays; Indonesian manufacturer of textiles.

On The Horizon

BANGLADESH: $1 billion notes by 2015; proceeds for infrastructure projects.

EMERGING EUROPE & CENTRAL ASIA

March

AKBANK TAS: Up to $45.1 million in bonds; lender based in Astana, Turkey.

2014

TURKIYE IS BANKASI AS (ISBANK): As much as $5 billion of bonds; lender based in Istanbul.

BULGARIA: Up to €1 billion of bonds; Citigroup, HSBC, JPMorgan.

INTERNATIONAL BANK OF AZERBAIJAN: $500 million notes; government-controlled bank based in Baku, Azerbaijan.

CITY OF PRAGUE: €200 million bonds.

SEKERBANK TAS: Up to $300 million of bonds; Istanbul-based lender.

LATIN AMERICA

March 10 Week

BANCO DAYCOVAL SA: $500 million five-year notes (expected ratings: Baa3/BB+/BBB-) Bradesco BBI, Itax BBA, J Safra Sarasin, Standard Chartered Bank; roadshow March 6-11; Rule 144A/Regulation S; talked at 6 1/8% area; proceeds for refinancing existing debt, funding property development projects and for general corporate purposes; lender based in Sao Paulo, Brazil.

BANCO BICE: Swiss franc notes; Santiago, Chile-based lender.

March

MEXICO: Sterling denominated notes due March 20114; Barclays, Goldman Sachs; Securities and Exchange Commission-registered; proceeds for general governmental purposes, including refinancing, repurchasing or retiring domestic and external debt.

2014

CONCESIONARIA MEXIQUENSE SA DE CV (CONMEX): International bonds; Mexico-based leader of financing, design and building of sections of the Mexico City Ring Road Circuito Exterior Mexiquense.

MIDDLE EAST & AFRICA

Early 2014

TUNISIA: $1.88 billion bonds, plus Islamic bonds.

ELLOMAY CAPITAL: NIS 120 million 4.6% series A debentures due December 2023; proceeds to repay about €13.5 million of debt to Israel Discount Bank Ltd. and for its operations and other general corporate purposes; Tel Aviv company conducts business in energy and infrastructure sectors worldwide.

IVORY COAST: $1 billion eurobonds.

KENYA POWER: Global bonds; based in Nairobi, Kenya.

SAUDI ELECTRICITY CO.: Islamic bonds in riyals and dollars; Banque Saudi Fransi and HSBC for the riyal notes; HSBC, Deutsche Bank, JPMorgan for dollar notes; utility company based in Riyadh, Saudi Arabia.

REPUBLIC OF TANZANIA: Up to $700 million of notes; pricing expected in the first half of the year.

2015

ZAMBIAN ELECTRICITY SUPPLY CO. (ZESCO): As much as $500 million of bonds; power company based in Lusaka, Zambia.

Roadshows

March 6-11: BANCO DAYCOVAL SA: $500 million five-year notes; Bradesco BBI, Itax BBA, J Safra Sarasin, Standard Chartered Bank.

Started March 10: BEIJING INFRASTRUCTURE INVESTMENT CO. LTD.: Dollar notes; RBS, Wing Lung Bank, ICBC (Asia), ICBC International.

Starting March 13: BCP (SINGAPORE) VI CAYMAN FINANCING CO. LTD. (PACTERA TECHNOLOGY INTERNATIONAL LTD.): $275 million senior secured notes due 2021 (expected Ba3//); BofA Merrill Lynch (lead left books), Citigroup Global Markets, HSBC (joint books).

Upcoming: MAOYE INTERNATIONAL HOLDINGS LTD.: Renminbi notes; Citigroup, Deutsche Bank.

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