Friday 17 June 2011

UAE's Majid Al Futtaim plans investor meetings in Asia, Europe | Reuters

UAE's Majid Al Futtaim Holding (MAF), the sole franchise of hypermarket chain Carrefour in the Gulf, has hired banks to arrange global investor meetings in the next two weeks, leads said.

The developer and operator of shopping malls has set up a $2 billion global bond programme, paving the way for a potential debt issue.

The investor roadshow will be held in United Arab Emirates members Abu Dhabi and Dubai, and in Singapore, Hong Kong, Zurich and London from June 20 to June 28, the arranging banks said in a document seen by Reuters.

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