[ID:nHKG185950]----------------------------------------------------------------Perusahaan -- -- -- -- BB-/Ba3Listrik Negara Indonesian state power company PLN hired Barclays Capital andUBS to arrange a non-deal roadshow
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[ID:nHKG185950]----------------------------------------------------------------Perusahaan -- -- -- -- BB-/Ba3Listrik Negara Indonesian state power company PLN hired Barclays Capital andUBS to arrange a non-deal roadshow in mid-May. [ID:nHKG146933]----------------------------------------------------------------Temasek ---- ----AAA/AaaHoldings [TEM.UL] The Singapore state investor may issue more bonds ofdifferent maturities in the future, according to a speech byTemasek's CEO posted on its website. [ID:nSIN444605]----------------------------------------------------------------Hyundai ----Deutsche/ --BBB/Baa2 CapitalMerrill The auto financing arm of Hyundai Motor Group plans anon-deal roadshow in the week of Feb. [ID:nT323295]----------------------------------------------------------------Korea ----Barclays/5-year A/A2RailroadCalyon/ Citi/ HSBC/ M.StanleyThe South Korean national railway operator plans to sellfive-year dollar-denominated bonds this year. [ID:nSEO316407])----------------------------------------------------------------Hong Kong Up--HSBC/ -- A-/A1Gas toM.Stanley/(0003.HK) $1bln RBS The Hong Kong gas distributor, also called Towngas, set up anup to $1 billion medium-term note programme. On Monday, the world's second-largest oil services company,Halliburton Co (HAL.N), said its second-quarter net profits werearound half the level of the same period in 2008. "Our tendering activity has been increasing," the companysaid in a statement.
But Technip said a recovery in oil prices, and lower costsfor some equipment and services was encouraging oil companies toopen their wallets again and move ahead on projects. CashAmerica posted net income of $40,518,000 ($1.33 per share) for the first sixmonths of fiscal year 2009 compared to $45,948,000 ($1.53 per share) for thesame period in 2008. "The contribution from Subsea was the key driver (of theprofit rise) -- revenues and margins were above expectations,"David Thomas, oil analyst at Citigroup said in a research note. Technip's high-growth and high-margin subsea engineeringdivision, which supplies underwater pipelines and constructionvessels, is performing better than analysts expected and marginsfor the year are now predicted to be at the top end of Technip'searlier disclosed range of 16-18 percent. [ID:nN20487851].Meanwhile, Norwegian seismic surveyor Petroleum Geo-Services onThursday said it was more optimistic than three months ago afterposting a bigger-than-expected drop in Q2 operating profit.[ID:nLN140078] Technip said it saw 2009 revenue coming in towards 6.4billion euros, against an earlier indication of 6.1 to 6.4billion euros.
(HKMC) is to sell five-year dollarbonds at a yield of 115-125 basis points over comparable U.S.treasuries. [ID:nHKG33919]----------------------------------------------------------------POTENTIAL ISSUERS================================================================ISSUER SIZE PRICING LEADS TENORRATINGS(S&P/MOODY'S)================================================================Indonesia Up-- -- -- BB-/Ba3 to$1.5bln Indonesia plans to issue up to $1.5 billion worth of Samuraibonds this year, or bonds sold in Japan by overseas entities.Southeast Asia's top economy has already raised $3 billion indollar-denominated debt and $650 million in Islamic bonds, orsukuk, this year. (Repeats to additional subscribers. [ID:nL872961] (Reporting by Umesh Desai; Editing by Jacqueline Wong and ChrisLewis).
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