Views Article – Sharenet Wealth

Asia, News

Majid Al Futtaim final price guidance around 8% for perpetual green bonds – document

June 23 (Reuters) – Majid Al Futtaim Holding LLC :

* FINAL PRICE GUIDANCE AROUND 8% (+/- 5 BASIS POINTS) FOR PERPETUAL HYBRID GREEN BONDS NON-CALLABLE FOR 5-1/4 YEARS, BANK DOCUMENT SHOWS

* ORDERS OVER $1 BILLION

* PRICING EXPECTED LATER ON THURSDAY

* DEBT SALE IS TO REFINANCE EXISTING $500 MILLION PERPETUAL BONDS AHEAD OF FIRST RESET DATE IN SEPTEMBER (Reporting by Yousef Saba)


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