UAE's Majid Al Futtaim 始める,決める to raise $600 mln in "green" sukuk

DUBAI, May 7 (Reuters) - Majid Al Futtaim, a UAE-based developer and shopping 商店街 操作者, is 始める,決める to raise $600 million in "green" sukuk, or Islamic 社債s, 文書s by one of the banks 主要な the 取引,協定 showed on Tuesday.

The proceeds of the sukuk will 支援する environmentally-friendly 事業/計画(する)s in areas such as renewable energy and 維持できる water 管理/経営, によれば the 文書s.

Green 社債s are a growing 部類 of 直す/買収する,八百長をするd-income 安全s and green sukuk could 広げる the 控訴,上告 of Islamic 社債s beyond 伝統的な markets in Asia and the Middle East to 含む 倫理的な 投資家s in Western countries.

Majid Al Futtaim started marketing the 10-year paper earlier on Tuesday at about 245 basis points over 中央の-交換(する)s.

The price 指導/手引 for the 取引,協定 - which has attracted around $3 billion in orders - subsequently went 負かす/撃墜する to around 225-230 basis points over 中央の-交換(する)s, and to a final spread of 220 basis points over the (判断の)基準, によれば the 文書s 得るd by Reuters from a source requesting anonymity.

初めは, the company had been looking to raise between $500 million and $650 million, before it settled on $600 million, the 文書s showed.

HSBC and 基準 借り切る/憲章d have been 雇うd as 全世界の 調整者/コーディネーターs for the planned 取引,協定. They are working as bookrunners along with Abu Dhabi Islamic Bank , Dubai Islamic Bank, ENBD 資本/首都, First Abu Dhabi Bank, and 湾 International Bank.

Sukuk are 投資 証明書s that 従う with Islamic 原則s bypassing a 宗教的な 禁止 on 利益/興味. (報告(する)/憶測ing by Davide Barbuscia; Editing by 示す Potter and Andrew Cawthorne)

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