Emerging Markets Calendar

AFRICA AND THE MIDDLE EAST

LIMAK ISKENDERUN ULUSLARARASI LIMAN ISLETMECILIGI AS:

• $360 million of notes

• UBS AG and BofA Securities

• Proceeds will be used to refinance LimakPort's senior secured debt, pay down some but not all the shareholder loans, pay transaction fees and pre-fund reserve accounts

ORYX FUNDING LTD.:

• Special purpose vehicle established in the Cayman Islands by Ba3-rated Oman Electricity Transmission Co. SAOC

• Senior unsecured notes (Ba3//BB-)

• Refinance OETC's OMR 100 million shareholder loan, for capital spending and general corporate purposes

PETRA DIAMONDS LTD.:

• $337 million of senior secured notes due 2026

ZORLU YENILENEBILIR ENERJI AS:

• $350 million bond

• Proceeds to refinance debt, fund capital expenditures, repay shareholder debt and for general corporate purposes

EMERGING EUROPE AND CENTRAL ASIA

INTERPIPE HOLDINGS PLC:

• $300 million of senior unsecured notes due 2026

• Proceeds to make a one-off dividend payment to shareholders and to strengthen its liquidity and finance upcoming investments

RZD CAPITAL PLC:

• Junior subordinated Swiss franc-denominated loan participation notes

• Proceeds loaned to Russian Railways JSC

LATIN AMERICA AND THE CARIBBEAN

AI CANDELARIA:

• Senior secured notes for up to $575 million

• Proceeds for a tender for up to $350 million of its $750 million of senior secured notes due 2028

BANCO INVEX, SA FIDEICOMISO:

• $115 million of senior unsecured certificados bursatiles fiduciaries

• Proceeds will be used to amortize debt and other general corporate purposes

BUENOS AIRES:

• Dollar amortizing step-up bonds due 2032 up to a maximum amount of $2.34 billion, euro-denominated amortizing step-up bonds due 2032 up to a maximum of €540 million, dollar amortizing step-up bonds due 2040, euro-denominated amortizing step-up bonds due 2040, dollar-denominated interest-only securities and euro-denominated interest-only securities

• BofA Securities, Inc. and Citigroup Global Markets Inc.

• Offered in exchange for outstanding 2006 and 2015 indenture bonds

CORPORACION INMOBILIARIA VESTA SAB DE CV:

• Up to $350 million of senior unsecured sustainability-linked notes

• Price talk is in the Treasuries plus mid-200 basis points area

• BofA, Citi, BBVA and UBS

• Proceeds to refinance about $250 million of debt and the remainder for general corporate purposes

INVERSIONES ATLANTIDA:

• $300 million

• Five-year senior secured notes

• Price talk in the 7Ύ% area

• Oppenheimer & Co. Inc.

• Rule 144A and Regulation S

• Proceeds will be used to repay outstanding notes, to strengthen the company’s capital base and for general corporate purposes

• Financial services company based in Tegucigalpa, Honduras

METALSA, SA DE CV:

• Senior unsecured proposed notes issuance due 2031

• Guaranteed by Metalsa Roanoke, Inc. and Metalsa Structural Products, Inc.

• BofA Securities and Citigroup

• Proceeds will be used mainly to fund the tender of Metalsa's 2023 notes as well as for general corporate purposes

• Early tender deadline of April 30

• Truck parts company is based in Monterrey, Mexico

NIQUAN ENERGY TRINIDAD LTD.:

• $175 million of senior secured fixed-rate notes due 2031

• Revenues generated from an offtake agreement between NiQuan and Petroleum Co. of Trinidad and Tobago will back the notes

OPERADORA DE SERVICIOS MEGA, SA DE CV:

• $150 million add-on

• Rule 144A and Regulation S

PAN AMERICAN ENERGY SL, ARGENTINE BRANCH:

• Senior secured notes of up to $300 million

• Six-year tenor

PRIME ENERGIA SPA:

• Issued with EnfraGen Spain, SAU and EnfraGen Energia Sur, SAU

• $710 million of 10-year bonds

RIPLEY CORP. SA:

• $300 million of senior unsecured notes

• Leading Chilean department store

VTR COMUNICACIONES SPA:

• Guaranteed by VTR.Com SpA

• Offering of $410 million in senior secured notes due 2029

• Proceeds will be used to repay the $244 million term loan due 2023, partially redeem the 5 1/8% secured notes due 2028 and for general corporate purposes

ASIA

AGRICULTURAL BANK OF CHINA LTD.:

• Dollar-denominated senior unsecured fixed-rate notes

ASIAN INFRASTRUCTURE INVESTMENT BANK:

• $500 million of sustainable-linked floating-rate notes

• SOFR plus 24 basis points area

• April 15, 2026

• BMO, BNP Paribas and Citigroup Global Markets Ltd.

• Rule 144A and Regulation S

• Multilateral development bank is based in Beijing

CHINA CONSTRUCTION BANK CORP.:

• Sold under the bank's $15 billion medium-term note program

• Luxembourg branch plans to sell euro-denominated three-year zero-coupon green bonds

COASTAL EMERALD LTD.:

• SENIOR unsecured notes

• Parent Shandong Hi-Speed Group Co., Ltd.

• Proceeds will be used to refinance the note under the same program that will mature in June and for general corporate purposes

EASY BUY PCL:

• Senior unsecured bonds

• Tenor of up to three years

EMPIRE RESORTS, INC.:

• $475 million of five-year senior secured notes

• Guidance of yield of 8% to 8Ό%

• BNP Paribas, Citigroup and DBS Bank

• Rule 144A and Regulation S

FORTUNE STAR (BVI) LTD.:

• Fosun International Ltd. parent

• Dollar-denominated senior unsecured notes

• Proceeds for refinancing, working capital and other general corporate purposes

HANHUI INTERNATIONAL LTD.:

• Shandong Guohui Investment Co., Ltd.

• Senior unsecured notes

HUAYUAN PROPERTY CO., LTD.:

• Dollar-denominated notes (B2)

• Proceeds to refinance debt

• Beijing real estate business

HYUNDAI CAPITAL CANADA INC.:

• Proposed offering of senior unsecured notes due 2026

• Proceeds are expected to be used for general corporate purposes

JIAYUAN INTERNATIONAL GROUP LTD.:

• Dollar-denominated notes

• Proceeds to refinance debt

MEILUN (BVI) LTD.:

• Subsidiary of Shandong Chenming Paper Holdings Ltd.

• Up to $1 billion in bonds with a term up to five years

• Proceeds to replace domestic and overseas debts, to purchase raw materials, to replenish working capital and for project construction

• Weifang, China paper mill company

PANDITA INDUSTRIES LTD.:

• Proposed $200 million of unsecured unsubordinated bonds

• Guaranteed by several of its subsidiaries

TUNAS BARU LAMPUNG TBK.:

• Dollar-denominated senior unsecured notes

• Proceeds to repay debt

ZHEJIANG EXPRESSWAY CO. LTD.:

• Up to $600 million of senior notes with one- to 10-year terms

• Regulation S

• Proceeds to debt refinancing, new projects and strategic development

• Hangzhou, China, infrastructure company

ZHONGYUAN ZHICHENG CO., LTD.:

• Guaranteed by parent Zhongyuan Yuzi Investment Holding Group Co., Ltd.

• Dollar-denominated notes (A2//A)

• Proceeds to refinance offshore debt and invest in low-income housing, infrastructure and manufacturing projects in Henan

• Zhengzhou, China-based investor in urban and rural construction, industrial zones, land consolidation, sewage treatment, and other businesses

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.