Launch Partners

Sunday, February 25, 2024

Launch Partners

Majid Al Futtaim raises US$500 million through green Sukuk issuance

UAE: Majid Al Futtaim has issued a green Sukuk facility worth US$500 million, making it the group’s fourth green capital market issuance, according to a press release. Proceeds from the issuance will be used to refinance part of a current US$800 million bond that is due in May 2024.

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