Emerging markets calendar

OCTOBER 25 WEEK

ALBANIA: Up to €400 million bonds; Deutsche Bank, JPMorgan; Regulation S only; price talk set at 7½%.

BELAGROPROMBANK: $100 million three-year notes; RBS, Troika; Regulation S; yield talked at 9.95%; lender based in Minsk, Belarus.

TRAVELLERS INTERNATIONAL HOTEL GROUP: $300 million to $500 million senior notes due 2017; Deutsche Bank, UBS; Regulation S only; roadshow started Oct. 19; guidance set at 7½% area; Makati City, Philippines-based tourism conglomerate.

CORPORACION NACIONAL DEL COBRE DE CHILE (CODELCO): Planned issue of 10-year bonds totaling up to $1 billion; Deutsche Bank, HSBC; Rule 144A/Regulation S; proceeds for general corporate purposes and for copper projects; roadshow Oct. 21-27; state-owned copper company based in Santiago, Chile.

ALROSA FINANCE SA: $1 billion notes due 2020; JPMorgan, UBS, VTB Capital; Rule 144A/Regulation S; roadshow started around Oct. 19; a finance subsidiary of Moscow-based Alrosa Co. Ltd., a state-owned diamond mining company.

SBERBANK: Swiss franc-denominated four-year notes worth about $200 million; BNP Paribas, UBS; roadshow Oct. 20-22; Moscow-based lender.

ABU DHABI ISLAMIC BANK: Sukuk issue of notes; Barclays Capital, HSBC, Standard Chartered; Regulation S only; whispered at mid-swaps plus low 200 bps or 3 5/8%; lender based in Abu Dhabi, United Arab Emirates.

LUKOIL OAO: $1 billion senior notes due 2020; RBS, Barclays Capital, ING; Rule 144A/Regulation S; guaranteed by OAO Lukoil; roadshow Oct. 25-28; proceeds for general corporate purposes and for repayment of existing debt; Russia-based oil and energy company.

NOVEMBER 1 WEEK

COSAN OVERSEAS LTD.: $300 million perpetual bonds (//BB); Credit Suisse, Morgan Stanley, JPMorgan; non-callable for five years; Regulation S only; roadshow Oct. 26-28; whispered to yield in the 8½% area; Sao Paulo-based producer of bioethanol, sugar and energy.

PACNET: $300 million senior secured notes due 2015 (B1//BB+); Credit Suisse, Barclays, DBS, Standard Chartered; to repay debt, fund capital expenditures and fund a dividend; roadshow started Oct. 21; submarine cable network operator based in Singapore and Hong Kong.

MAQUINARIA ESPECIALIZADA MXO TRUST: Dollar-denominated notes; Santander; Rule 144A/Regulation S; roadshow started Oct. 27; special purpose vehicle designed to provide construction machinery services to Corporacion GEO, a Mexico City-based homebuilder.

GENERAL SHOPPING FINANCE LTD.: Dollar-denominated perpetual notes; Bank of America Merrill Lynch, BTG Pactual; Rule 144A/Regulation S; non-callable for five years; proceeds to redeem outstanding debt and finance capital expenditures; roadshow until Nov. 3; Sao Paulo-based retail and shopping center company.

YUKSEL INSAAT: At least $250 million notes (expected rating: B1); BNP Paribas, Standard Chartered; construction company based in Ankara, Turkey.

KAZKOMMERTSBANK: Seven-year notes of up to $2 billion (B//B-); JPMorgan, UBS; roadshow started Oct. 18; subscription closes Oct. 27; Almaty, Kazakhstan-based lender.

ARCOR: $200 million fixed-rate senior notes due 2017 (B1//B+); JPMorgan, Santander, BNP Paribas; yield whispered at the 8% area; candy maker based in Cordoba, Argentina.

TELEFONICA MOVILES CHILE SA: Five-year dollar-denominated notes; BBVA Securities, Citigroup, Deutsche Bank; Rule 144A/Regulation S; roadshow starting Oct. 29; telecommunications company based in Santiago, Chile.

SINOCHEM OVERSEAS CAPITAL CO. LTD.: Benchmark-sized issue of 10- and 30-year dollar-denominated notes (expected ratings: Baa1/BBB+/BBB+); Citigroup, HSBC, UBS; Rule 144A/Regulation S; roadshow started Oct. 26; subsidiary of Hong Kong-based business conglomerate Sinochem Hong Kong Group Co. Ltd., which has interests in agriculture, energy, chemicals, real estate and finance.

NOVEMBER

MB PETROLEUM SERVICES (MBPS): $350 million senior notes; Barclays Capital, HSBC, Standard Chartered; roadshow starting Oct. 28; Rule 144A/Regulation S; Oman-based multinational corporation focused on oilfield services.

ARAMCO: $1 billion sukuk with France's Total; Credit Agricole, Deutsche Bank, Samba Financial; state-owned national oil company based in Dhahran, Saudi Arabia.

CHONG HING BANK: Notes due November 2020 (expected rating: //BBB); proceeds to strengthen the bank's capital base and to fund business growth; Hong Kong-based lender.

EASTERN AND SOUTHERN AFRICAN TRADE AND DEVELOPMENT BANK (PTA BANK): Dollar-denominated offering of notes; HSBC, Standard Chartered; roadshow Oct. 28-Nov. 3; Regulation S; Burundi-based lender.

OAO PROBUSINESS BANK: Subordinated 51/2-year notes; Moscow-based lender.

MOSCOW CREDIT BANK: Eurobond issue totaling about $300 million; Commerzbank, RZB, ING; roadshow started Oct. 14; Moscow-based lender.

BANCO DE CHILE: Dollar-denominated notes; Santiago-based lender.

NEUQUEN PROVINCE: $250 million floating-rate notes with 10-year maximum tenor; proceeds for repayment of debt or to finance infrastructure projects; province of Argentina.

TELEMAR NORTE LESTE: Up to R$1 billion in notes; shareholders vote on Oct. 20; proceeds for general corporate purposes, including repayment of short-term debt; Rio de Janeiro-based telecommunications company.

GAZPROMBANK: $400 million to $500 million add-on to 6% notes due Dec. 15, 2014; yield set at 6.1%; Barclays, JPMorgan; Regulation S only; Moscow-based joint stock bank of the gas industry and a subsidiary of Russian energy company Gazprom.

KOREA NATIONAL OIL: Dollar-denominated benchmark notes; Barclays, BNP Paribas, Credit Suisse, Deutsche Bank, Korea Development Bank; Rule 144A/Regulation S; roadshow started Oct. 27; oil and gas company based in Anyang, South Korea.

NIGERIA: $500 million bond; Barclays, FBN Capital.

ON THE HORIZON

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

HIDILI INDUSTRY INTERNATIONAL DEVELOPMENT LTD.: Senior secured bullet notes (expected ratings: B1/BB-/); Citigroup, Bank of America Merrill Lynch, UBS, JPMorgan; Rule 144A/Regulation S; proceeds for general corporate purposes, to upgrade existing production capacity in the company's network of mines and facilities in Southwestern China, for existing machinery and infrastructure, and to repay existing indebtedness; integrated coal company in Southwestern China.

RAS AL-KHAIMAH: Benchmark-sized bond; Citigroup, RBS; emirate in the United Arab Emirates.

PETRON FUEL SUCCESS: Peso-denominated bonds, payable in dollars; Credit Suisse, Deutsche Bank, HSBC, Standard Chartered; roadshow started Oct. 27; Regulation S; Philippines-based subsidiary of oil refining and marketing company Petron Corp.

INTERNATIONAL PETROLEUM INVESTMENT CO. (IPIC): Benchmark-sized bonds; Abu Dhabi-based entity that oversees foreign investment in the oil industry.

PT PERUSAHAAN LISTRIK NEGARA (PLN): Possible $1 billion 10-year notes; pricing expected in 2011; Indonesian state-owned electric company.

JORDAN: $500 million bonds due 2015; Arab Bank, Credit Suisse, HSBC, JPMorgan.

SRI LANKA TELECOM PLC: Up to $125 million in bonds; proceeds to fund expansion plans; telecommunications service provider based in Colombo, Sri Lanka.

BANCO CREDITO E INVERSIONES: $200 million five-year notes; BNP Paribas, JPMorgan; Rule 144A/Regulation S; postponed; lender based in Santiago, Chile.

KENYA ELECTRICITY GENERATING CO. LTD. (KENGEN): Planned $1 billion bond issue; proceeds to finance $4.5 billion expansion plans; power producer based in Nairobi, Kenya.

CORPORACION FINANCIERA DE DESAROLLO (COFIDE): Planned issue of $250 million bonds; lender based in San Isidro, Peru.

E-LAND FASHION CHINA HOLDINGS LTD.: $200 million senior notes due 2013 (Ba2/BB-); Morgan Stanley; to fund capital expenditures and expand network; delayed; Shanghai-based women's apparel company.

CHINA MEDICAL TECHNOLOGIES INC.: Up to $200 million senior notes due 2015 (/B+/B+); Deutsche Bank, Standard Chartered Bank; non-callable for three years; Rule 144A/Regulation S; to redeem, repay or repurchase the company's convertible notes due 2011; delayed; Beijing-based medical device and diagnostics company.

INDONESIA: Planned sukuk offering worth $650 million; Citigroup, HSBC, Standard Chartered; delayed until 2011.

TRANSCREDITBANK: Up to $400 million three-year notes; JPMorgan, BNP Paribas; pricing expected before the end of 2010; Moscow-based commercial bank and subsidiary of JSC Russian Railways.

ZAMBIA: Planned issue of $500 million to $1 billion bonds; proceeds for infrastructure improvements and power plant construction.

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

URUGUAY: Planned $1 billion issue of bonds, possible 20-year maturity.

ROADSHOWS

Oct. 11 week: OAO PROBUSINESS BANK: Subordinated 51/2-year notes.

Started Oct. 14: MOSCOW CREDIT BANK: Eurobond issue totaling about $300 million; Commerzbank, RZB, ING.

Started Oct. 18: CREDITO IMMOBILIARIO: Non-deal roadshow; HSBC, Heritage Capital; Mexico-based mortgage lender owned by Spain's Caja de Ahorros del Mediterraneo.

Started Oct. 18: KAZKOMMERTSBANK: Seven-year notes of up to $2 billion; JPMorgan, UBS.

Started Oct. 19: TRAVELLERS INTERNATIONAL HOTEL GROUP: Senior dollar notes due 2017; Deutsche Bank, UBS.

Started around Oct. 19: ALROSA FINANCE SA: $1 billion notes; JPMorgan, UBS, VTB Capital.

Started Oct. 20: ABU DHABI ISLAMIC BANK: Sukuk issue of notes; Barclays Capital, HSBC, Standard Chartered.

Oct. 20-22: SBERBANK: Swiss franc-denominated notes; BNP Paribas, UBS.

Oct. 21-27: CODELCO: Bond issue; Deutsche Bank, HSBC.

Oct. 25-28: LUKOIL OAO: Benchmark dollar bonds; Royal Bank of Scotland, Barclays Capital, ING.

Oct. 26-28: COSAN OVERSEAS LTD: $300 million perpetual bonds; Credit Suisse, Morgan Stanley, JPMorgan.

Started Oct. 26: SINOCHEM OVERSEAS CAPITAL CO. LTD.: Benchmark-sized issue of 10- and 30-year dollar-denominated notes; Citigroup, HSBC, UBS.

Started Oct. 27: MAQUINARIA ESPECIALIZADA MXO TRUST: Dollar-denominated notes; Santander.

Started Oct. 27: KOREA NATIONAL OIL: Dollar-denominated benchmark notes; Barclays, BNP Paribas, Credit Suisse, Deutsche Bank, Korea Development Bank.

Oct. 27-28: BANK OF MOSCOW: Non-deal roadshow; UBS, ING.

Starting Oct. 28: MB PETROLEUM SERVICES (MBPS): $350 million senior notes; Barclays Capital, HSBC, Standard Chartered.

Oct. 28-Nov. 3: EASTERN AND SOUTHERN AFRICAN TRADE AND DEVELOPMENT BANK (PTA BANK): Dollar-denominated offering of notes; HSBC, Standard Chartered.

Ending Nov. 2: GENERAL SHOPPING FINANCE LTD.: Dollar-denominated perpetual notes; Bank of America Merrill Lynch, BTG Pactual.

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