JORDAN
Jordan Mandates Three Banks For Its $1Bn Eurobond
The Jordanian government has mandated Citigroup, HSBC and JP Morgan to raise a minimum of $1bn in Eurobonds, scheduled to come to market at the end of October or the beginning of November. The issue will be marketed in Europe and the US in a number of road-shows, Jordanian sources said, adding that resorting to foreign borrowing will help diversify the sources of funds in the country and will lessen competition...
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