DIARY-Eurobond issuance in Asia ex-Japan:Agile Property, Axis Bk

Thu Oct 29, 2009 6:13am EDT
 
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 HONG KONG, Oct 29 (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)
================================================================
Agile                          BofA Merrill  
 Property     --        --     HSBC           --              --
 The Chinese builder is meeting with investors ahead of a
possible dollar bond offering. [ID:nHKG329426]
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 Axis Bank     --         --   Barclays,      --              --
                            HSBC,StanChart
                            JPMorgan
 The Indian lender plans a bond issue and has hired banks for
making investor presentations [ID:nHKG262196]
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Bank of       $500      --     UBS/          perpetual BBB-/Baa1
 East Asia     mln             Deutsche
The Hong Kong-based lender sets price guidance for perpetual
bonds not callable for 10-years [ID:nHKG294332]
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Hyundai   $300 to     --      Deutsche/Citi/  due    BBB/Baa2
Capital    $500 mln           Goldman Sachs/  2015
                           J.P.Morgan/
                           M.Stanley/RBS
The auto-financing arm of Hyundai Motor Group has set price
guidance for its 5-½   year bonds. [ID:nHKG363512]
 ---------------------------------------------------------------
 POTENTIAL ISSUERS
================================================================
ISSUER       SIZE   PRICING     LEADS     TENOR          RATINGS
                                                (S&P/MOODY'S)
================================================================
Perusahaan    --        --        UBS/     --                 --
Listrik                          Barclays
Indonesian power firm PLN hires banks for its second dollar bond
sale this year [ID:nHKG258353]
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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]
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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 known as Towngas, set up an
up to $1 billion medium-term note programme. [ID:nHKG185950]
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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, although 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]
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 (Reporting by Umesh Desai; Editing by Chris Lewis)




 

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