Published: October 21, 2013
Dubai-based group gauges investor sentiment ahead of possible issuance.
Majid Al Futtaim, a Dubai-based retail and real-estate group which owns the Carrefour supermarket franchise in the Middle East, is gauging investor sentiment ahead of a possible visit to the bond market.
The company is holding investor calls today and tomorrow (October 21 and 22) and could then price a dollar-denominated subordinated perpetual deal.
Bank of America Merrill Lynch, Emirates NBD Capital, Goldman Sachs, HSBC, JP Morgan and Standard Chartered Bank are acting as joint bookrunners.