DIARY-Eurobond issuance in Asia ex-Japan: HK & China Gas
HONG KONG, July 24 (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 DEVELOPMENTS: ================================================================ ISSUER SIZE PRICING LEADS TENOR RATINGS
(S&P/MOODY'S)
================================================================
Hong Kong -- -- HSBC/ -- A+/A1
& M.Stanley
China Gas
(0003.HK)
(The gas supplier, also known as Towngas, is aiming to sell
dollar bonds in one or more tranches, it said in a regulatory
filing on July 23. A global roadshow will take place July 25-30,
according to a source with knowledge of the plans. [ID:nHKG12432]
POTENTIAL ISSUERS ================================================================ ISSUER SIZE PRICING LEADS TENOR RATINGS
(S&P/MOODY'S) ================================================================ STATS -- -- C.Suisse/ -- BB+/Ba1 ChipPAC Deutsche (STTS.SI) (The microchip packaging firm has yet to provide further details for its bond sale after going on a global roadshow in late June. [ID:nSIN279819]) ---------------------------------------------------------------- Korea $300mln Sept -- 5-yr A/A2 National to or or Housing $500mln Oct more Corp (The state-run company will send requests for proposals (RFPs) in the week of July 21 to pick lead managers for its planned bond sale, an official at KNHC told Reuters. [ID:nSEO77303]) ---------------------------------------------------------------- Shinhan -- -- Citi/ -- BBB+/-- Card Goldman (The South Korean credit card firm went on a non-deal bond roadshow June 24-26 in Asia and London, a source with direct knowledge of the plans said. [ID:nHKG161556]) ---------------------------------------------------------------- G Steel -- -- UBS -- /B3 GSTE.BK (The Thai steel coil maker met investors in Asia and London in June and July as part of a non-deal roadshow, a source with direct knowledge of the plans said. [ID:nHKG301387]) ---------------------------------------------------------------- Unified $110 mln -- Deutsche/ 3-yr --/-- Holdings JPMorgan (The unit of Philippine power producer First Gen (FGEN.PS) announced its deal on early June, but no update has been provided.) ---------------------------------------------------------------- Woori $500 mln -- Barclays/ 5-yr A-/A2 Bank Deutsche/
HSBC/
Lehman/
Merrill/
M.Stanley
(The lending unit of South Korea's Woori Finance Holdings
(053000.KS) put on hold its bond issuance, originally intended
for July, due to weak market conditions. [ID:nHKG107685])
-----------------------------------------------------------------
Kookmin -- -- Barclays/ -- A/Aa3
Bank BNP/
060000.KS Citi/
Merrill (South Korea's biggest lender met with investors in Asia and Europe in early June as part of a non-deal roadshow, according to an email sent to investors. [ID:nHKG221529]) ---------------------------------------------------------------- KEXIM $1 bln -- Barclays/ 10-yr A/Aa3
Deutsche/
Depfa/
Merrill/
M.Stanley (Export-Import Bank of Korea (KEXIM) is considering selling around $1 billion in 10-year bonds, according to a source familiar with the plans said in late May. [ID:nSP280389]) ---------------------------------------------------------------- Philippines $750mln -- -- -- BB-/B1 (The Philippines may tap up to $750 million from global markets later this year to help fund aid to the poor, the country's financial secretary said on June 4. [ID:nMAN86596]) ---------------------------------------------------------------- KDB -- -- Barclays/ -- A/Aa3
JPMorg./
Merrill/
UBS/ (Korea Development Bank met with bonds investors in Europe, the United States and Asia in June as part of a non-deal roadshow to brief them on the lender's privatisation plans. [ID:nHKG297337]) ---------------------------------------------------------------- Daewoo -- -- JPMorgan -- --/-- Capital (The South Korean auto financing firm met with investors in Asia in April along with JPMorgan as part of a non-deal roadshow, a market source told Reuters.) ---------------------------------------------------------------- PT Barito $200 mln -- UBS -- --/-- Pacific Tbk (BRPT.JK) (The Indonesian timber firm plans to sell debt, according to a statement it published in two local newspapers on May 21. [ID:nJAK36752]) (Reporting by Rafael Nam; Editing by Anne Marie Roantree)
© Thomson Reuters 2009 All rights reserved



