Tue, 29th Apr 2014 05:34
DUBAI, April 29 (Reuters) - Dubai-based shopping malldeveloper Majid Al Futtaim (MAF) plans to issue a 10-year $500million bond on Tuesday, a document from lead arrangers showed.
Family-owned MAF has picked Barclays, CreditAgricole, Citigroup, Emirates NBD,HSBC and Standard Chartered to arrange thesale.
The initial price guidance for the issue has been set at212.5 basis points over midswaps. (Reporting by David French; Writing by Praveen Menon; Editingby Olzhas Auyezov)
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