Middle East Economic Survey

VOL. LIII

No 36

6-Sep-2010

JORDAN

Jordan Appoints Banks To Arrange Inaugural Bond Issue

Jordanian authorities are planning to award a mandate to banks to arrange the countrys first ever bond, MEES learns. The banks that have won the mandate from a handful submitting offers a few months ago and comprise JP Morgan, HSBC and a joint venture of Arab Bank and Credit Suisse. 'Amman plans to issue paper in October in the form of a five year $500mn Eurobond, although market...