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Prospect News home > News index > List of issuers M > Headlines for Majid Al-Futtaim Holding LLC > News item
Published on 7/11/2016 in the Prospect News Emerging Markets Daily.

Dubai’s Majid al Futtaim plans to price $300 million tap of 4¾% notes due May 2024

By Christine Van Dusen

Atlanta, July 11 – Majid Al Futtaim Holding LLC is pricing a $300 million tap of its 4¾% notes due May 7, 2024, a market source said.

The original $500 million issue priced in April 2014 at 99.835 to yield 4.771%, or mid-swaps plus 195 basis points, via Barclays, Credit Agricole, Citigroup, Emirates NBD, HSBC and Standard Chartered Bank.

The company is a Dubai-based conglomerate.


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