Emerging markets calendar

ASIA

May 25 Week

CHINA THREE GORGES CORP. (CTG): Dollar or euro notes (expected ratings: Aa3//A+); JPMorgan, Deutsche Bank, ICBC, Goldman Sachs, Bank of China, Societe Generale CIB, CCB International and Citic CLSA Securities (bookrunners); . Guotai Junan International, Haitong International, Santander Global Banking and Markets (co-managers); roadshow started May 27; state-owned power company, based in Beijing.

PEKING UNIVERSITY FOUNDER GROUP CO. LTD.: Dollar three-year notes; DBS; Regulation S; proceeds for working capital, general corporate purposes; Beijing-based technology conglomerate.

ZHONGRONG INTERNATIONAL TRUST CO. LTD.: Dollar notes; Huatai Financial Holdings, Barclays, DBS Bank; Regulation S; Harbin City, China-based investment services company.

June 1 Week

NONGHYUP BANK: Notes; Citigroup, Commerzbank, HSBC, Societe Generale CIB; roadshow June 1 week; Seoul, South Korea-based lender.

BEIJING CONSTRUCTION ENGINEERING GROUP CO. LTD.: Dollar notes; BNP Paribas, Bank of China, BOCOM Hong Kong branch, Shanghai Pudong Development Bank, Wing Lung Bank; Regulation S; roadshow starts June 1.

2015

TELEKOM MALAYSIA BHD: Up to $750 million of Islamic bonds; Kuala Lumpur, Malaysia-based telecommunications services company.

PETROLIAM NASIONAL BHD (PETRONAS): $5 billion to $7 billion sukuk; BofA Merrill Lynch, CIMB, Deutsche Bank; Malaysia state oil company.

KOREA HYDRO & NUCLEAR POWER CO. LTD.: Five-year, 10-year notes; Seoul, South Korea-based subsidiary of Korea Electric Power Corp.

CITIC LTD.: Up to $9 billion of notes; HSBC, UBS; Rule 144A/Regulation S; Hong Kong-based conglomerate.

EMERGING EUROPE & CENTRAL ASIA

2015

ALBANIA: €300 million of bonds.

AZERBAIJAN METHANOL CO. LLC (AZMECO): $1 billion in bonds in private placement; Highgrove Securities LLP; proceeds to support continuing growth and to reduce an outstanding loan from the International Bank of Azerbaijan; methanol producer based in Azerbaijan.

TURKIYE IS BANKASI AS (ISBANK): Up to $5 billion of notes; Istanbul-based lender.

BELARUS: $1 billion notes.

EUSTREAM: Euro notes; Bratislava, Slovakia-based gas transmission company.

LITHUANIA: Up to €1.5 billion of notes.

UKRAINE: $1 billion of notes.

LATIN AMERICA

May 25 Week

BRF SA: Euro green bonds; BNP Paribas, BofA Merrill Lynch, Citigroup, Deutsche Bank, Morgan Stanley, Santander GBM; roadshow May 26-27; Rule 144A/Regulation S; food company based in Itajai, Brazil.

COMISION FEDERAL DE ELECTRICIDAD SA (CFE): Possible notes; BBVA, BofA Merrill Lynch, Citigroup, Goldman Sachs, HSBC, Morgan Stanley, Scotiabank; roadshow May 27-June 3; Mexico City-based electric company.

LATAM AIRLINES GROUP SA: Senior notes; Rule 144A/Regulation S; concurrent with tender offer; proceeds to refinance debt, redeem notes not tendered, and for general corporate purposes, airline based in Santiago, Chile.

EMBRAER SA: Dollar notes; Citigroup, Morgan Stanley; Securities and Exchange Commission registered; aircraft manufacturer based in Sao Jose dos Campos, Brazil.

2015

ARGENTINA: $3 billion of bonds due 2024.

COSTA RICA: $1 billion of 30-year notes; Deutsche Bank, HSBC.

PARAGUAY: Bonds; proceeds for infrastructure improvements.

MIDDLE EAST & AFRICA

June 1 Week

EGYPT: Notes; BNP Paribas, Citigroup, JPMorgan, Morgan Stanley, Natixis Securities; Rule 144A/Regulation S; roadshow started March 28.

2015

SAUDI ARABIA: Bonds.

GHANA: Up to $1.5 billion of notes; proceeds to refinance debt and for general budgetary purposes.

NATIONAL BANK OF EGYPT SAE: Dollar benchmark notes; lender based in Cairo.

IRAQ: Up to $6 billion of notes.

EGYPT: Dollar Islamic bonds.

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

KENYA COMMERCIAL BANK: At least $250 million of bonds.

BANKMUSCAT: Islamic bonds; lender based in Muscat, Oman.

OCP SA: Dollar benchmark bond offering; Barclays, Morgan Stanley; Rule 144A, Regulation S; state-run phosphate company that is based in Casablanca.

KENYA: Islamic bonds.

ANGOLA: Up to $1.5 billion of notes.

TANZANIA: Dollar notes.

Roadshows

May 26-27: BRF SA: Euro green bonds; BNP Paribas, BofA Merrill Lynch, Citigroup, Deutsche Bank, Morgan Stanley, Santander GBM.

Started May 27: CHINA THREE GORGES CORP. (CTG): Dollar or euro notes; JPMorgan, Deutsche Bank, ICBC, Goldman Sachs, Bank of China, Societe Generale CIB, CCB International and Citic CLSA Securities (bookrunners); Guotai Junan International, Haitong International, Santander Global Banking and Markets (co-managers).

May 27-June 3: COMISION FEDERAL DE ELECTRICIDAD SA (CFE): Possible notes; BBVA, BofA Merrill Lynch, Citigroup, Goldman Sachs, HSBC, Morgan Stanley, Scotiabank.

Started March 28: EGYPT: Notes; BNP Paribas, Citigroup, JPMorgan, Morgan Stanley, Natixis Securities.

Starting June 1: BEIJING CONSTRUCTION ENGINEERING GROUP CO. LTD.: Dollar notes; BNP Paribas, Bank of China, BOCOM Hong Kong branch, Shanghai Pudong Development Bank, Wing Lung Bank.

June 1 week: NONGHYUP BANK: Notes; Citigroup, Commerzbank, HSBC, Societe Generale CIB.

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