DUBAI, June 23 (Reuters) - Dubai's Majid Al Futtaim (MAF),
which develops shopping malls across the Middle East, has given
initial price guidance of between 8.125% and 8.25% for perpetual
green hybrid bonds non-callable for 5-1/4 years, a bank document
showed on Thursday.
Citi, HSBC - the sole green structuring agent
- and Standard Chartered are joint global coordinators,
joined by Abu Dhabi Commercial Bank, Emirates NBD
Capital and First Abu Dhabi Bank as joint
The bond sale, expected to price later on Thursday, is to
refinance MAF's outstanding $500 million perpetual bonds.
(Reporting by Yousef Saba; Editing by Christopher Cushing)