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New Issue-MAF Global prices $500 mln perp bond
October 23, 2013 / 2:53 PM / 4 years ago

New Issue-MAF Global prices $500 mln perp bond

Oct 23 (Reuters) -Following are terms and conditions

of a bond priced on Wednesday.

Borrower MAF Global Securities Limited

Guarantor Majid Al Futtaim Holding LLC &

Majid Al Futtaim Properties LLC

Issue Amount $500 million

Maturity Date Perpetual

Coupon 7.125 pct

Issue price Par

Reoffer price Par

Spread 570.2 basis points

Underlying govt bond Over Mid-swaps, equivalent to 585.3bp

over the 1.375 pct September 2018 UST

Payment Date October 29, 2013

Lead Manager(s) BofA Merrill Lynch, Emirates NBD Capital, Goldman Sachs

International, HSBC, J.P. Morgan & Standard Chartered Bank

Ratings BB+ (S&P), BB+ (Fitch)

Listing Irish Stock Exchange

Full fees Undisclosed

Denoms (K) 200-1

Governing Law English

ISIN XS0939678792

Security details and RIC, when available, will be

on

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