DIARY-Eurobond issuance in Asia ex-Japan:

Sun Jul 6, 2008 11:35pm EDT
 
[-] Text [+]
 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.
 POTENTIAL ISSUERS
================================================================
ISSUER       SIZE   PRICING       LEADS   TENOR          RATINGS
                                                (S&P/MOODY'S)
================================================================
SM            --      --           UBS     5-yr            --/--
Investments
(SM.PS)
 (The Philippine conglomerate will begin investor presentations
in Hong Kong on July 7, followed by Singapore on July 8, and
London on July 9, for a five-year dollar bond deal, sources told
Reuters. [ID:nSP328917])
----------------------------------------------------------------
STATS         --      --      C.Suisse/     --           BB+/Ba1
ChipPAC                       Deutsche
 (The microchip packaging firm unveiled a new financing plan on
June 20 that will involve bond buybacks, a loan and a new debt
issue. A global roadshow for the new bonds started in Singapore
on June 23, a source said. [ID:nSIN279819])
----------------------------------------------------------------
Woori       $500 mln  July    Barclays/    5-yr            A-/A2
Bank                          Deutsche/
                               HSBC/
                             Lehman/
                            Merrill/
                          M.Stanley
 (The lending unit of South Korea's Woori Finance Holdings
(053000.KS) will sell $500 million worth in a global bond sale in
July, a senior official at the bank told Reuters on June 20.
[ID:nSEO3393])
----------------------------------------------------------------
Shinhan       --      --          Citi/     --           BBB+/--
Card                           Goldman
 (The South Korean credit card firm went on a non-deal bond
roadshow from 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 will meet investors in Asia and London
as part of a non-deal roadshow, a source with direct knowledge of
the plans said on June 23. [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.)
-----------------------------------------------------------------
Kookmin       --       --     Barclays/     --             A/Aa3
Bank                               BNP/
060000.KS                       Citi/
                            Merrill
 (South Korea's biggest lender met with investors in Asia and
Europe on June 2-4 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 and could launch it as soon as
market conditions are right, 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 will meet with bonds investors in
Europe, the United States and Asia on the week of June 16 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)


 
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