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...