Emerging markets calendar

ASIA

Dec. 8 Week

PHILIPPINES: Dollar notes; Deutsche Bank, HSBC, Citigroup, Credit Suisse, Goldman Sachs, JPMorgan, Morgan Stanley, Societe Generale CIB, UBS.

GUORUI PROPERTIES LTD.: Dollar bonds; Beijing-based residential property developer.

ICICI BANK LTD.: Up to $200 million in tap of 3˝% bonds due March 18, 2020 (Baa2/BBB-/); BofA Merrill Lynch, Citigroup, Deutsche Bank, HSBC.

2014

MANILA ELECTRIC CO. (MERALCO): $250 million-$300 million notes; Pasig City, Philippines-based electrical power distributor.

SEMICONDUCTOR MANUFACTURING INTERNATIONAL CORP.: Dollar-denominated senior notes; Deutsche Bank Securities Inc., J.P. Morgan Securities LLC; made-to-order chip supplier based in Shanghai.

TIANNENG POWER INTERNATIONAL LTD.: RMB 400 million of six-year corporate bonds; New Times Securities Co. Ltd.; proceeds will be used for investments in business projects, including newly developed batteries production capacity expansion and recycled lead production capacity expansion; Hong Kong-based company makes battery products for electric vehicles.

On The Horizon

BANGLADESH: $1 billion notes by 2015; proceeds for infrastructure projects.

EMERGING EUROPE & CENTRAL ASIA

Dec. 7 Week

AKBANK TAS (GERMAN BRANCH): Euro notes; Societe Generale CIB, Unicredit; roadshow started Dec. 1; Adana, Turkey-based lender.

2014

KATOWICKI HOLDING WEGLOWY SA: Euro notes; coal mining company based in Katowice, Poland.

BANK GOSPODARSTWA KRAJOWEGO: €500 million notes due in 10 years; BNP Paribas, HSBC, Societe Generale; lender based in Warsaw.

SERBIA: Up to $750 million of dollar or euro notes.

JSC EURASIAN BANK: $500 million in notes; Regulation S; bank based in Almaty, Kazakhstan.

BULGARIA: About €1.5 billion in notes; proceeds to fund the bailout of the Commercial Corporate Bank and for addressing the sovereign’s budget deficit.

2015

CROATIA: Bonds.

LATIN AMERICA

2014

BANCO BICE: Swiss franc notes; Santiago, Chile-based lender.

CONCESIONARIA MEXIQUENSE SA DE CV (CONMEX): International bonds; Mexico-based leader of financing, design and building of sections of the Mexico City Ring Road Circuito Exterior Mexiquense.

BANCO PENTA: Bonds; lender based in Santiago, Chile.

2015

ARGENTINA: $3 billion in bonds due 2024.

MIDDLE EAST & AFRICA

2014

NATIONAL COMMERCIAL BANK OF SAUDI ARABIA: Dollar Islamic bonds.

ELLOMAY CAPITAL: NIS 120 million 4.6% series A debentures due December 2023; proceeds to repay about €13.5 million of debt to Israel Discount Bank Ltd. and for its operations and other general corporate purposes; Tel Aviv company conducts business in energy and infrastructure sectors worldwide.

KENYA POWER: Global bonds; based in Nairobi, Kenya.

REPUBLIC OF TANZANIA: Up to $1 billion of notes; pricing expected in the second half of the year.

JORDAN: $1 billion U.S.-backed notes.

ETHIOPIA: 10-year notes by end of 2014; Deutsche Bank, JPMorgan; Rule 144A/Regulation S; roadshow planned.

2015

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.

KENYA: Islamic bonds.

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