Emirates NBD Plans Debt: Emerging-Markets Bond Alert

The following borrowers in emerging markets are expected to sell international debt. New information is followed by previously reported plans.

EMIRATES NBD PJSC’s new 2018 notes in dollars will have a margin of 1.5 percent over Libor, according to a banker involved in the transaction. The United Arab Emirates’ biggest bank by assets hired HSBC Holdings Plc, UBS Investment Bank and Emirates NBD Capital Ltd. for a sale of seven-year dollar bonds to replace two outstanding debt issues which mature in 2016, said

PT MEDCO ENERGI INTERNASIONAL may sell $150 million of bonds in the second half of this year to fund capital expenditures, including investments in Libya, Hilmi Panigoro, president commissioner at the Indonesian oil producer, said in

URUGUAY revised its price guidance for a 40 billion yen ($490 million) sale of 10-year Samurai bonds guaranteed by the Japan Bank for International Cooperation, according to a person with direct knowledge of the transaction. The South American nation is offering the notes to investors to yield between 42 basis points and 46 basis points more than the yen swap rate,


FOSUN INTERNATIONAL plans to sell five-year dollar bonds to yield around the 7.5 percent to 7.75 percent area, according to a person familiar with the matter. The company may sell as much as $300 million of five-year bonds as early as this week, a person familiar with the matter said on May 3. The Chinese

INTERNATIONAL CONTAINER TERMINAL SERVICE INC. plans to sell perpetual dollar bonds priced to yield around 8.5 percent, said a person familiar with the matter. The Philippine port operator,

LONKING HOLDINGS LTD. hired Credit Suisse Group AG and

MALAYSIA plans to sell 10-year Islamic bonds in dollars,

MIE HOLDINGS CORP plans to sell as much as $400 million of five-year bonds to yield around the 9.75 percent area, according to a person familiar with the matter. The company hired Bank of America Corp., Deutsche Bank AG and UBS AG for a sale of five-

NTPC Ltd. hired Barclays Plc, Citigroup Inc., Deutsche Bank AG and Royal Bank of Scotland Group Plc for the sale of $500 million of dollar bonds, said two people familiar with the

RHB CAPITAL BHD.’s plan to sell as much as $500 million in multi-currency notes was approved by the country’s Securities Commission. The Malaysian lender has no ratings from Moody’s,

RURAL ELECTRIFICATION CORP. hired Barclays, Deutsche Bank AG, Nomura Holdings Inc. and Mitsubishi UFJ Morgan Stanley Securities Co. for the sale of at least 16.1 billion yen ($200 million) of five-year Samurai bonds, said Chairman Hari Das


BANK GOSPODARSTWA KRAJOWEGO is “more likely” to sell bonds in euros in the third quarter than in the second, Wojciech Kowalczyk, managing director at the state-owned Polish lender,

CZECH RAILWAYS AS said it hired Barclays Capital Plc, Erste Group Bank AG and Societe Generale SA to manage an international bond offering. The state-run passenger carrier, locally known as

POLAND may offer “benchmark” bonds in dollars or euros and sell debt in a private offering to cover some of next year’s

SERBIA plans to sell as much as 700 million euros in bonds, Prime Minister Mirko Cvetkovic said. About 20 percent of the


ANGOLA plans to offer its first dollar-denominated sovereign bond, worth $500 million, in September, Finance

BHARTI AIRTEL LTD. plans to raise $750 million selling its

EMIRATES hired Deutsche Bank AG, Emirates NBD, HSBC Holdings Plc and Morgan Stanley for a sale of dollar bonds, said three people familiar with the transaction. The world’s biggest

FIRSTRAND LTD. is considering selling bonds in euros, dollars or pounds, said company Treasurer Andries du Toit. South Africa’s second-biggest lender plans to meet investors starting May 9 in London, said a banker involved in the arrangements. JPMorgan Chase & Co., Mitsubishi UFJ Securities International,


CENTRAIS ELETRICAS DO PARA SA may sell bonds abroad after meetings with investors in Europe, Asia and the U.S., said a

CHILE is monitoring market conditions for a possible $1.5 billion sale of bonds in U.S. dollars and pesos, according to

JBS SA plans to sell $1 billion of bonds and raise another $1.2 billion through loans in the U.S., Chief Executive Officer

MARFRIG ALIMENTOS SA plans a benchmark offering of seven-year notes as soon as tomorrow, said a person familiar with the

PETROLEOS MEXICANOS hired BNP Paribas SA and Deutsche Bank AG for meetings with bond investors in Europe from May 9 to May 11, said a person familiar with the matter. The largest oil

TV AZTECA SAB plans to sell $250 million of seven-year dollar bonds abroad after meetings with investors through May 17 arranged by BCP Securities and Jefferies Group Inc., a person

(Removes erroneous bond sale in seventh paragraph of story published May 20.)
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