VOL. XLV

No 11

18-March-2002

JORDAN

Jordan Phosphate Mines To Issue NewEurobond

Jordan PhosphateMines Company (JPMC) has kicked off a marketing campaign for a $35mn Eurobondissue, according to a Jordan Timesreport of 11 March. The issue, which will mature in 2005, will be underwrittenby HSBC and Arab Bank and listed on the Luxembourgbourse. The proceeds will be used to increase production capacity at the company,according to the report. The company issued a debut $100mn Eurobond in 1997 tofinance...