Jordan’s $1.25Bn Eurobond Oversubscribed
Jordan’s $1.25bn sovereign Eurobond was snapped up by investors last week, coming in $2.2bn oversubscribed, Minister of Finance Umayya Tuqan announced on 29 October. The seven-year issue saw attractive pricing at a coupon of 2.503% until maturity in 2020. Interest is payable every six months until maturity.
The guarantee, provided through the US Agency for International Development, is part of an agreement...
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