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07 March 2017Clifford Chance has advised Majid Al Futtaim Holding LLC (Majid Al Futtaim) in relation to the issuance of US$500 million reset subordinated perpetual notes (the Notes) by MAF Global Securities Limited, irrevocably guaranteed on a joint and several basis by Majid Al Futtaim and Majid Al Futtaim Properties LLC.This issuance marks the second issuance of hybrid notes by Majid Al Futtaim.Press Release - 07-Mar-2017
The proposed securities qualify for 50% equity credit.Press Release - 26-Feb-2017
03 October 2016· Listing reflects dynamism of Dubai's corporate sector and capital marketsDubai – Alain Bejjani, Chief Executive Officer at Majid Al Futtaim-Holding, rang the market-opening bell today to celebrate the listing on Nasdaq Dubai of a USD 300 million tap under its existing USD 3 billion conventional bond programme.The capital raised by the bond tap will support Majid Al Futtaim’s ongoiPress Release - 03-Oct-2016
05 August 2016 Fitch Ratings-London-04 August 2016: Fitch Ratings has affirmed UAE based Majid Al Futtaim Holding LLC's (MAF) Long-Term Issuer Default Rating (IDR) and senior unsecured rating at 'BBB'. The Outlook is Stable. Fitch has also affirmed MAF's Short-Term IDR at 'F3'.The ratings on MAF Global Securities Limited's global medium-term note (GMTN) programme and MAF Sukuk Ltd have also been aPress Release - 05-Aug-2016