UAE's Majid Al Futtaim plans investor meetings in Asia, Europe

> The developer and operator of shopping malls has set up a $2 billion global bond programme, paving the way for a potential debt issue. The investor roadshow will be held in United Arab Emirates members Abu Dhabi and Dubai, and in Singapore, Hong Kong, Zurich and London from June 20 to June 28, the arranging banks said in a document seen by Reuters. Barclays , Credit Agricole , HSBC and Standard Chartered will arrange the fixed income meetings. A likely bond sale from the company will be the first from a privately-owned firm in the UAE since the fallout of the financial crisis. MAF's primary subsidiary is MAF Properties, which develops and manages shopping malls and hotels in the Gulf.

"The investor roadshow will be held in United Arab Emirates members Abu Dhabi and Dubai, and in Singapore, Hong Kong, Zurich and London from June 20 to June 28, the arranging banks said in a document seen by Reuters"It plans 11 more Carrefour Hypermarkets in 2011, of which one opened in April in Saudi Arabia, and others in the UAE, Iran, Oman, Egypt, Iraq and Pakistan later this year. Borrowers in the UAE, which has largely been shielded from the regional political unrest, are seeing the current narrowing spreads as an attractive invitation to tap global liquidity amid strong investor demand. The company is rated BBB by Standard & Poors and BBB by Fitch both with stable outlook. (Reporting by Rachna Uppal; Writing by Martina Fuchs; Editing by Kim Coghill) Financials Non-Cyclical Consumer Goods Related Quotes and News Company Price Related News