Emerging markets calendar

JANUARY 31 WEEK

TECHNIKABANK OJSC: Dollar notes (//B-); Commerzbank AG, HSBC; change-of-control put if three main shareholders cease to own more than 50% of company; Azerbaijan-based lender.

BANCO BILBAO VIZCAYA ARGENTARIA PARAGUAY SA (BBVA PARAGUAY): $200 million bonds (Ba3); Rule 144A/Regulation S; proceeds for general corporate purposes; lender based in Paraguay.

BANCO BVA SA: Three-year dollar notes; BCP Securities, UBS; talked at low 9% area; proceeds for credit portfolio growth and general corporate purposes; lender based in Rio de Janeiro.

METINVEST BV: Dollar-denominated issue of notes; Credit Suisse, Deutsche Bank, ING, RBS, VTB Capital; Rule 144A/Regulation S; roadshow started Jan. 25; integrated mining and steel business based in Donetsk, Ukraine.

BRASKEM SA: Possible notes; Credit Agricole CIB, Deutsche Bank, Espirito Santo Investment Bank; petrochemical company based in Sao Paulo.

PETROLEOS DE VENEZUELA SA (PDVSA): $3.15 billion tap of 8½% notes due 2017; part of plan to issue as much as $6 billion in 2011; state-owned oil company.

FEBRUARY

FIRST CITIZENS BANK LTD.: Notes; JPMorgan; Rule 144A/Regulation S; roadshow Jan. 28 to Feb. 1; lender based in Trinidad and Tobago.

TRANSNET: Benchmark-sized dollar notes; Barclays Capital, Goldman Sachs; Rule 144A/Regulation S; roadshow started Feb. 1; Johannesburg, South Africa-based rail, port and pipeline company.

BANK OF INDIA: Dollar notes; Barclays Capital, Deutsche Bank, HSBC, RBS, Standard Chartered; Regulation S; roadshow in London, Singapore, Hong Kong; Mumbai, India-based lender.

RAGHSA SA: Up to $100 million fixed-rate notes due 2017; JPMorgan, Banco Itau; Rule 144A/Regulation S; roadshow Feb. 1-8; Buenos Aires-based real estate developer.

ON THE HORIZON

CITY OF KIEV: $300 million notes; Credit Suisse linked to deal.

OAO RUSSIAN RAILWAYS: At least $500 million notes; Moscow-based railway company.

AKBANK: Possible dollar notes.

KOLEJE MAZOWIECKIE (MAZOVIAN RAILWAYS): Euro-denominated senior notes; Standard Bank; Regulation S; owned by Polish Province of Mazowieckie.

IFH PERU LTD.: $100 million tap of 8 5/8% bonds due 2019; Barclays Capital, IMT Trust; Lima, Peru-based financial services company.

UNITED CO. RUSAL PLC: Renminbi-denominated bonds.

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

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

AL BARAKA BANKING GROUP: Up to $500 million sukuk issue of five-year notes; Bahrain-based Islamic lender.

DELONG HOLDINGS LTD.: Senior notes; Credit Suisse; Rule 144A/Regulation S; proceeds for general corporate purposes and repayment of outstanding 5% convertible bonds due 2012, repayment of bank loans and acquisitions of strategic investments in businesses engaged in iron ore mining and other raw material and steel mining businesses; Beijing-based steel manufacturing and trading group.

POLSKI KONCERN NAFTOWY ORLEN SA (PKN ORLEN): Euro-denominated notes; Citigroup, Deutsche Bank, RBS; Regulation S; roadshow started Nov. 17; could be postponed; Plock, Poland-based oil refiner and petrol retailer.

GULF GENERAL INVESTMENT CO.: Possible $300 million notes due 2015 (B1); Deutsche Bank, HSBC, Standard Chartered; roadshow started Nov. 2; proceeds to refinance and reduce existing short-term debt and for general corporate purposes; Dubai-based real estate company.

GEORGIA: $500 million 10-year bonds.

MAQUINARIA ESPECIALIZADA MXO TRUST: $160 million 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.

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

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, Chile-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.

PTT EXPLORATION AND PRODUCTION PCL: $800 million notes; Deutsche Bank, UBS; proceeds to fund part of its current investment plan; Bangkok-based petroleum exploration and production company.

UNITED GULF BANK: Bonds; Standard Chartered; Bahrain-based lender and subsidiary of Kuwait-based Kipco.

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

SRI LANKA TELECOM PLC: Up to $125 million of 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.

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.

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

Jan. 11-19: TECHNIKABANK OJSC: Possible dollar notes; Commerzbank AG, HSBC.

Started Jan. 25: METINVEST BV: Dollar-denominated issue of notes; Credit Suisse, Deutsche Bank, ING, RBS, VTB Capital.

Started Jan. 26: BRASKEM SA: Possible notes; Credit Agricole CIB, Deutsche Bank, Espirito Santo Investment Bank.

Jan. 28-Feb. 1: FIRST CITIZENS BANK LTD.: Notes; JPMorgan

After Jan. 31: BANK OF INDIA: Dollar notes; Barclays Capital, Deutsche Bank, HSBC, RBS, Standard Chartered.

Started Feb. 1: TRANSNET: Benchmark-sized dollar notes; Barclays Capital, Goldman Sachs.

Feb. 1-8: RAGHSA SA: Up to $100 million fixed-rate notes due 2017; JPMorgan, Banco Itau.

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