DIARY-Eurobond issuance in Asia ex-Japan:Sri Lanka, Petrovietnam
HONG KONG, Aug 13 (Reuters) - The following are planned or potential foreign-currency denominated debt issuances from Asia, excluding Japan.
The most recently announced or priced deal is highlighted first, followed by other potential issuances listed by the expected timeframe for the deal.
LATEST DEVELOPMENT ================================================================ ISSUER SIZE PRICING LEADS TENOR RATINGS
(S&P/MOODY'S) ================================================================ SRI LANKA $500 mln -- -- -- B(neg.)/
Fitch B-plus(neg.) * Sri Lanka will issue a new five-year, $500 million sovereign dollar bond in late September or early October and is aiming for a yield of 7 percent. [ID:nCOL348022] ---------------------------------------------------------------- PETROVIETNAM $500 mln
to $1bln -- -- -- -- Vietnamese state oil monopoly Petrovietnam is planning to raise between $500 million and $1 billion in corporate bonds overseas late this year or in early 2010 to fund projects.[ID:nHAN495216] ----------------------------------------------------------------
POTENTIAL ISSUERS ================================================================ ISSUER SIZE PRICING LEADS TENOR RATINGS
(S&P/MOODY'S) ================================================================ Korea -- -- Barclays/ 5-year A/A2 Railroad Calyon/
Citi/
HSBC/
M.Stanley
The South Korean national railway operator plans to sell
five-year dollar-denominated bonds this year. [ID:nSEO316407])
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Hong Kong Up -- HSBC/ -- A-/A1
Gas to M.Stanley/
(0003.HK) $1bln RBS
The Hong Kong gas distributor, also known as Towngas, set up an
up to $1 billion medium-term note programme. [ID:nHKG185950]
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Temasek -- -- -- -- AAA/Aaa
Holdings [TEM.UL]
The Singapore state investor may issue more bonds of different
maturities in the future, according to a speech by Temasek's CEO
posted on its website. [ID:nSIN444605]
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Hyundai -- -- Deutsche/ -- BBB/Baa2
Capital Merrill
The auto financing arm of Hyundai Motor Group plans a non-deal
roadshow in the week of Feb. 23 with stops in Singapore and Kuala
Lumpur [ID:nHKG243280]
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Mongolia -- -- -- -- BB-/B1
Mongolia has shortlisted Deutsche Bank, Goldman Sachs, HSBC, ING and Morgan Stanley as potential lead underwriters for an inaugural global bond issuance, but the country has yet to give an indication it will proceed with the sale. ---------------------------------------------------------------- Malaysia -- -- -- -- A-/A3
The country will consider issuing global bonds in 2009, the country's Second Finance Minister Nor Mohamed Yackop said in November 2008 [ID:nKLR350902] ---------------------------------------------------------------- India -- -- -- -- BBB-/Baa3
The South Asian nation has long been rumoured to be considering its first sovereign bond issuance ever, though it has not yet provided official confirmation. ---------------------------------------------------------------- Taiwan -- -- -- -- AA-/Aa3
Taiwan is considering selling treasury bonds abroad for the first time to fund infrastructure projects aimed at spurring the economy, officials and a newspaper said in December, but is in no hurry to do so, according to the finance ministry. [ID:nL872961] ---------------------------------------------------------------- (Reporting by Umesh Desai)
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