Emerging markets calendar

APRIL 12 WEEK

DUBAI ELECTRICITY AND WATER AUTHORITY (Ba2//BBB-): Benchmark dollar-denominated securities due 2015; Citigroup, National Bank of Abu Dhabi, RBS Securities, Standard Chartered Bank; price talk at 8½% to 8 5/8%; state-owned utility company.

COUNTRY GARDEN HOLDINGS CO. LTD.: Benchmark dollar-denominated senior notes due 2017 (Ba3/BB-); Goldman Sachs & Co., JPMorgan (joint); non-callable for four years; to refinance outstanding convertible bonds; Hong Kong-based property developer; Asia and Europe roadshow starts April 9.

BANCO INTERNACIONAL DEL PERU SAA: Planned issue of $150 million step-up junior subordinated notes due 2070 (expected Ba3//BB); Bank of America Merrill Lynch, JPMorgan; Rule 144A/Regulation S; 60-year non-call provision; 10-year fixed-floating with step-up in year 10; financial institution based in Lima, Peru.

GRUPO FINANCIERO BBVA BANCOMER SA: Planned 10-year tier 1 notes; Deutsche Bank, Goldman Sachs; roadshow April 12 week; Mexico City-based lender.

APRIL

NOMOS-BANK: Planned issue of notes (/B-/); UBS, VTB Capital, Nomos-Bank; roadshow in early and mid-April; private lender based in Moscow.

BANCO INDUSTRIAL E COMERCIAL SA (BICBANCO): Planned dollar-denominated 10-year tier 2 notes (expected Ba2); HSBC, JPMorgan, Standard Chartered; Rule 144A/Regulation S; roadshow in Asia, Europe, United States from April 13 to 15; Sao Paulo-based lender.

BANCO PANAMERICANO SA: Dollar-denominated tier 2 notes due 2020 (expected Ba3); Bradesco BBI, Itau, Standard Bank, UBS; Rule 144A/Regulation S; Sao Paulo-based bank; investor meetings in Asia, Europe and United States April 12-15.

ESSAR STEEL HOLDINGS LTD. and GALLOP HOLDINGS LLC: Benchmark dollar-denominated senior unsecured notes due 2017 (B2/B); UBS Investment Bank, Bank of America Merrill Lynch, Deutsche Bank Securities, Standard Chartered Bank (joint); Rule 144A/Regulation S for life; non-callable for four years; to refinance existing debt, to fund capital expenditures and acquisitions and for general corporate purposes; vertically integrated global steel producer based in Mumbai, India; roadshow April 12-22.

KAISA GROUP HOLDINGS LTD.: $300 million senior guaranteed notes due 2015 (B2/B+); Citigroup, Credit Suisse, UBS Investment Bank; Rule 144A/Regulation S; non-callable for three years; to refinance debt, fund land acquisition and property development, and for general corporate purposes; Shenzhen, China-based property development company; roadshow April 12-21.

GLORIOUS PROPERTY HOLDINGS LTD.: Dollar-denominated global bonds (expected ratings B1/B+); Deutsche Bank Securities, JPMorgan, Standard Chartered Bank; Hong Kong-based mainland China property developer; roadshow starts April 15.

TERPHANE, INC.: $90 million secured notes due 2017; PrinceRidge Group (sole); Rule 144A for life; non-callable for four years; to repay Libor plus 970 bps secured notes and 12% secured notes; polyester films manufacturer based in Bloomfield, N.Y., and Sao Paulo; roadshow started March 15.

RUSSIAN FEDERATION (Baa1/BBB/BBB): Benchmark eurobonds; Barclays Capital, Citigroup, Credit Suisse, VTB Capital; Rule 144A/Regulation S; roadshow starting April 13.

VNESHECONOMBANK (VEB): Dollar bonds due 2011; Renaissance Capital, Raiffeisenbank; talked at six-month Libor plus 100 bps; Moscow-based Bank for Development and Foreign Economic Affairs.

ON THE HORIZON

MHP SA: Planned notes; Morgan Stanley, UBS, ING; proceeds for general corporate purposes, business expansion, loan repayment; Ukraine-based agricultural company that focuses on poultry, beef and grain.

UKREXIMBANK: Planned five-year bond; state-run import-export bank based in Kiev, Ukraine.

INDEPENDENCIA ALIMENTOS SA: $150 million senior secured notes due 2015; beef producer based in Sao Paulo.

REPUBLIC OF HUNGARY (Baa1/BBB-/BBB): Benchmark global notes due 2020; Citigroup, Deutsche Bank; SEC registered.

MEXICO: Planned 4% inflation-linked bonds due Nov. 15, 2040; Banamex, HSBC, ING, Bank of America Merrill Lynch.

DOMINICAN REPUBLIC: Expected benchmark dollar-denominated sovereign global bonds; Barclays Capital, Citigroup; timing and structure to be determined.

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

LATVIA: Planned euro-denominated offering of notes; Citigroup, Credit Suisse

VNESHECONOMBANK (VEB): Eurobonds; Barclays, Citigroup, HSBC, Societe Generale, ING, Troika Dialog and VTB Capital; Moscow-based Bank for Development and Foreign Economic Affairs.

ROADSHOWS

Started March 15: TERPHANE, INC.: $90 million secured notes due 2017; PrinceRidge Group.

Early and mid-April: NOMOS-BANK: Planned issue of notes; UBS, VTB Capital, Nomos-Bank.

Starting April 9: COUNTRY GARDEN HOLDINGS CO. LTD.: Benchmark dollar-denominated senior notes due 2017; Goldman Sachs & Co., JPMorgan.

April 12-15: BANCO PANAMERICANO SA: Dollar-denominated tier 2 notes due 2020; Bradesco BBI, Itau, Standard Bank, UBS.

April 13-15: BANCO INDUSTRIAL E COMERCIAL SA (BICBANCO): Planned dollar-denominated 10-year tier 2 notes; HSBC, JPMorgan, Standard Chartered.

April 12 week: GRUPO FINANCIERO BBVA BANCOMER SA: Planned 10-year tier 1 notes; Deutsche Bank, Goldman Sachs.

Starting April 13: RUSSIAN FEDERATION: Eurobonds; Barclays Capital, Citigroup, Credit Suisse, VTB Capital.

April 12-22: ESSAR STEEL HOLDINGS LTD. and GALLOP HOLDINGS LLC: Benchmark dollar-denominated senior unsecured notes due 2017; UBS Investment Bank, Bank of America Merrill Lynch, Deutsche Bank Securities, Standard Chartered Bank.

April 12-21: KAISA GROUP HOLDINGS LTD.: $300 million senior guaranteed notes due 2015; Citigroup, Credit Suisse, UBS Investment Bank.

April 15-23: KOREA WATER RESOURCES CORP (A2/A/): Non-deal roadshow; Standard Chartered Bank, BNP Paribas, Daewoo Securities, Deutsche Bank, Goldman Sachs, Morgan Stanley; Daejeon, South Korea-based overseer of water resources for South Korea.

Starting April 15: GLORIOUS PROPERTY HOLDINGS LTD.: Dollar-denominated global bonds; Deutsche Bank Securities, JPMorgan, Standard Chartered Bank.

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