VOL. XL
No. 25
23-June-1997
JORDAN
HSBC To Lead-Manage JPMC Eurobond Issue
HSBC Markets announced on 17 June that it has been awarded the mandateto lead-manage the Jordan Phosphate Mines Company (JPMC) $100mn eurobond (MEES, 19May). The five-year Floating Rate Notes (FRNs) will be raised to finance a $250mn projectto expand the firm's major Shidiyah mine. Seven banks had been shortlisted to lead-managethe international portion of what will be Jordan's second corporate eurobond - the firstwas a...
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