Dubai’s MAF prices USD500m bond

30 Apr 2014

(MENAFN) Dubai’s Majid Al Futtaim said that it priced a USD500 million bond issue with 10-year lifespan, Arab News reported.

The final pricing of the deal came at the end of revised guidance of between 195 and 200 basis points over midswaps.

Amid geopolitical tensions in Ukraine and economic instability in some emerging markets, Gulf economies have stood out because of their stability.

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