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18 April 2024

MAF Global Securities lists $300m bond on Nasdaq Dubai

Published
By Wam

Majid Al Futtaim Global Securities, referred to as MAF Global Securities, on Tuesday listed a conventional bond valued at $300 million on Nasdaq Dubai.

It was the third conventional bond to be listed on the exchange by MAF Global Securities, part of the Majid Al Futtaim Holding group, following listings in July 2013 and May 2014 of $500 million each.

Hamed Ali, Chief Executive of Nasdaq Dubai, said, "We are delighted to welcome this new listing from one of the UAE’s most prominent conglomerates, to support its further growth and development. The exchange is committed to providing a platform to fixed income issuers from the region and around the world who seek unrivalled access to regional and international investors."