VOL. XLV
No 1
7-January-2002
JORDAN
Jordanian Banks Provide $65MnGuarantee For Gas Purchase From Orient Gas Company
A consortium of four Jordanian banks led by ArabBank has signed an agreement with the Jordanian Ministry of Finance to secure a$65mn bank guarantee for the purchase of gas from Egypt痴 Orient Gas Company.The $65mn is a fixed amount, priced at 40bps per annum, and is to be providedover a one-year period, although the time frame may be extended if needed, MEES understands. The...
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