DIARY-Eurobond issuance in Asia ex-Japan:KEXIM sets guidance

HONG KONG, July 7 (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
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ISSUER SIZE PRICING LEADS TENOR RATINGS

(S&P/MOODY'S)
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KEXIM benchmark around Deutsche/

UST+375 bps BoA-ML/

Barclays/

Morgan Stanley

Credit Suisse A/A2
The Export-Import Bank of Korea (KEXIM) has indicated it could
price a 5.5-year, benchmark-sized dollar bond at around 375 basis
points (bps) over U.S. treasuries, a source said. [ID:nHKX003235]
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POTENTIAL ISSUERS
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ISSUER SIZE PRICING LEADS TENOR RATINGS

(S&P/MOODY'S)
================================================================
Sing Tech Deutsche/
Engg -- -- Morgan Stanley -- AAA/-
Singapore Technologies Engineering (STEG.SI) has mandated
Deutsche Bank and Morgan Stanley and is making investor
presentations for a benchmark, dollar-denomnated bond issue.
[ID:nHKG345605]
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Korea $500mln June BoA-ML/ -- A/A2
Gas Deutsche/ Corp

JPMorg. (036460.KS)

State-run KOGAS is making investor presentattions for a
benchmark-szed dollar bond deal. [ID:nHKG202282]

KOGAS is now planning a dollar bond issuance in the second
half of the year after it initially planned a June sale, a source
familiar with the details said. [ID:nSEO242833]
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Korea Elec
Power Corp $500 mln -- -- 5-year A/A2
KEPCO plans to sell dollar bonds by mid-July and will soon
mandate banks to handle the sale. [ID:nSEO93412]
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Indonesia Up -- -- -- BB-/Ba3

to

$1.5bln

Indonesia plans to issue up to $1.5 billion worth of Samurai
bonds this year, or bonds sold in Japan by overseas entities.
Southeast Asia's top economy has already raised $3 billion in
dollar-denominated debt and $650 million in Islamic bonds, or
sukuk, this year. [ID:nT323295]
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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 called Towngas, set up an
up to $1 billion medium-term note programme. [ID:nHKG185950]
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Perusahaan -- -- -- -- BB-/Ba3
Listrik Negara

Indonesian state power company PLN hired Barclays Capital and
UBS to arrange a non-deal roadshow in mid-May. [ID:nHKG146933]
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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 web site. [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.
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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]
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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.
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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)