Emerging markets calendar

JULY 4 WEEK

OAO PROBUSINESSBANK: Dollar notes; BCP Securities, UBS; Regulation S; roadshow June 8-14; commercial lender based in Moscow.

DENIZBANK AS: Benchmark bonds (expected ratings: Ba1//BBB-); Bank of America Merrill Lynch, Citigroup, HSBC, JPMorgan; Rule 144A/Regulation S; roadshow June 15-20; lender based in Istanbul, Turkey.

STATE OIL CO. OF AZERBAIJAN (SOCAR): $500 million notes; state-owned oil and gas company based in Baku, Azerbaijan.

BANCO SAFRA SA: Real-denominated notes due Jan. 5, 2015; Banco Safra; Regulation S; payable in dollars; proceeds for general corporate purposes; lender based in Sao Paulo.

KOREA HOUSING FINANCE CORP: Dollar notes (expected rating: Aa3); BNP Paribas, Nomura, Standard Chartered Bank; Rule 144A/Regulation S; roadshow upcoming; housing finance company based in Seoul, South Korea.

JULY

DEVELOPMENT BANK OF KAZAKHSTAN: $800 million notes; Astana, Kazakhstan-based lender.

CELULOSA ARGENTINA SA: Up to $150 million seven-year notes; Citigroup, Credit Suisse; paper and pulp company based in Martinez, Argentina.

TOURISM DEVELOPMENT & INVESTMENT CO.: $1 billion notes; RBS, HSBC, Standard Chartered; proceeds for construction and other projects; roadshow planned; developer based in Abu Dhabi.

INDIAN OIL CORP. LTD.: $500 million issue of notes, possibly with 10-year tenor (//BBB-); BNP Paribas, RBS, Citigroup; state-owned oil and gas company based in Mumbai.

PETROLEO BRASILIERO SA (PETROBRAS): Euro and sterling notes; Citigroup, HSBC, RBS, Standard Chartered; energy company based in Rio de Janeiro.

INDIAN BANK: Benchmark dollar notes; Citigroup, HSBC, RBS, Standard Chartered; roadshow in July; lender based in Chennai, India.

VNESHECONOMBANK: Notes; BNP Paribas, JPMorgan, Morgan Stanley, RBS; roadshow started July 4; Moscow-based Bank for Development and Foreign Affairs.

REPUBLIC OF COLOMBIA: Dollar notes; Bank of America Merrill Lynch, Barclays Capital, Citigroup; Securities and Exchange Commission registered; includes a make-whole call; proceeds for general budgetary purposes; roadshow June 20-24.

SEPTEMBER

ANGOLA: $500 million notes.

REPUBLIC OF KAZAKHSTAN: Dollar sukuk notes.

OCTOBER

POLSKIE GORNICTWO NAFTOWE I GAZOWNICTOW (PGNIG): €500 million bonds; BNP Paribas, Societe Generale, Unicredit; Poland-based natural gas company.

2011

SERBIA: $1 billion bonds.

SAUDI ELECTRICITY CO.: $1 billion to $1.5 billion sukuk notes; Saudi Arabia-based power generator and distributor.

REPUBLIC OF SRI LANKA: $1 billion 10-year notes; Bank of America Merrill Lynch, Barclays Capital, HSBC, RBS.

QATAR ISLAMIC BANK: $1 billion sukuk notes with tenor of more than five years; lender based in Doha, Qatar.

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

NTPC LTD.: Dollar benchmark notes due 2021; Barclays Capital, Citigroup, Deutsche Bank, RBS; Regulation S; roadshow upcoming; government-owned power generator based in Delhi, India.

THAILAND: Inflation-linked baht-denominated notes; HSBC; roadshow expected in Asia and Europe.

DOMINICAN REPUBLIC: $500 million bonds.

ZIJIN MINING GROUP CO. LTD.: Dollar notes; BOCI Asia Ltd.; proceeds for overseas activities, including as capital for acquiring copper concentrates overseas for a subsidiary's smelter project; metals producer and refiner based in Fujian, China.

REPUBLIC OF POLAND: Samurai bonds due 2015; Daiwa Securities Capital Markets.

CZECH REPUBLIC: Euro benchmark notes; Barclays Capital, Erste Group, Societe Generale, Unicredit.

GENNOMA LAB INTERNACIONAL SAB DE CV: Possible dollar notes; Mexico City, Mexico-based pharmaceutical company.

AFRICAN EXPORT-IMPORT BANK (AFREXIMBANK): Dollar notes; HSBC, Commerzbank, Mitsubishi UFJ Securities, Standard Bank; roadshow upcoming; Regulation S; lender based in Cairo, Egypt.

CHINA ITS HOLDINGS CO. LTD.: Renminbi notes; DBS Bank, Wing Lung Bank; proceeds to fund acquisitions, expenses and capital required for overseas growth, and for general working capital; Beijing, China-based transportation infrastructure technology solutions and services provider.

INTIME DEPARTMENT STORE GROUP CO. LTD.: Renminbi notes; Citicorp, Nomura, ICBC Asia; Regulation S; proceeds to fund future expansion, for general corporate purposes and for the repayment of existing debt obligations; Beijing, China-based operator and manager of department stores.

2012

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

ON THE HORIZON

EGYPT: $1 billion notes due 2016.

INDUSTRIAL DEVELOPMENT BANK OF INDIA LTD. (IDBI BANK): $250 million seven-year notes; Swiss franc-denominated notes; BNP Paribas, Credit Suisse, UBS; lender based in Mumbai, India.

KB KOOKMIN BANK: Possible notes; BNP Paribas, JPMorgan, ING, RBS, UBS; roadshow started May 30; lender based in Seoul, South Korea.

KOREA HYDRO & NUCLEAR POWER (KHNP): Possible notes; Barclays Capital, Goldman Sachs, Morgan Stanley, RBS and Samsung Securities; Seoul, South Korea-based subsidiary of Korea Electric Power Corp. (Kepco).

OJSC OTP BANK; Possible notes; BNP Paribas, Deutsche Bank; lender based in Budapest.

CLP POWER HONG KONG LTD.: 10-year dollar notes; Hong Kong-based electric company.

RHB BANK BHD.: $300 million to $500 million senior notes; Bank of America Merrill Lynch, Goldman Sachs; Kuala Lumpur-based lender.

GLOBAL BIO-CHEM TECHNOLOGY GROUP CO. LTD.: Bonds; HSBC; Regulation S; proceeds for repayment of existing debt; Hong Kong-based manufacturer and seller of corn-related products.

COSTA RICA: Possible notes.

CITIC PACIFIC LTD.: Possible notes; HSBC, UBS; Hong Kong-based business conglomerate.

PROVINCE OF BUENOS AIRES: $500 million bonds.

GLOBAL DAIRY HOLDINGS LTD.: Renminbi notes; Bank of America Merrill Lynch, Macquarie Group; proceeds for general corporate purposes and to finance company's vertical integration plan; milk and milk products manufacturer and marketer based in Hong Kong.

ZAMBIA: Dollar notes.

VIETNAM BANK FOR INDUSTRY AND TRADE (VIETINBANK): $500 million to $1 billion notes; Barclays, Credit Suisse, Goldman Sachs, JPMorgan; issuance likely in 2011.

TURKIYE VAKIFLAR BANKAS TAO (VAKIFBANK): Between $500 million and $1 billion five-year notes; Ankara, Turkey-based lender.

EURASIAN BANK JSC: Up to $300 million of bonds, possible ruble bonds; Kazakhstan-based lender.

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.

SLOVAK REPUBLIC: Tap of bonds due Feb. 24, 2016; KBC Group, Erste Group, Intesa Sanpaolo Group.

REPUBLIC OF KENYA: Notes; issuance likely by June 2013.

OAO ASB BELARUSBANK: Dollar-denominated bond of up to $500 million.

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

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.

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

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

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.

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

June 8-14: OAO PROBUSINESSBANK: Dollar notes; BCP Securities, UBS.

June 15-20: DENIZBANK AS: Benchmark bonds; Bank of America Merrill Lynch, Citigroup, HSBC, JPMorgan.

June 20-24: REPUBLIC OF COLOMBIA: Dollar notes; Bank of America Merrill Lynch, Barclays Capital, Citigroup.

Started July 4: VNESHECONOMBANK: Notes; BNP Paribas, JPMorgan, Morgan Stanley, RBS.

July: INDIAN BANK: Benchmark dollar notes; Citigroup, HSBC, RBS, Standard Chartered.

Upcoming: NTPC LTD.: Dollar benchmark notes due 2021; Barclays Capital, Citigroup, Deutsche Bank, RBS.

Upcoming: KOREA HOUSING FINANCE CORP: Dollar notes (expected rating: Aa3); BNP Paribas, Nomura, Standard Chartered Bank.

Upcoming: AFRICAN EXPORT-IMPORT BANK (AFREXIMBANK): Dollar notes; HSBC, Commerzbank, Mitsubishi UFJ Securities, Standard Bank.

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