VOL. XL

No. 39

29-September-1997

JORDAN

Societe Generale To Lead-Manage Jordan's Eurobond

Jordan has awarded Societe Generale the mandate to lead-manage the country's firstsovereign Eurobond of $100mn. Announcing the mandate, the Jordanian Minister of Finance,Mr. Sulaiman al-Hafiz, said that his country had opted for a five-year fixed ratesovereign bond at 1.25% over US Treasuries to tap a wide global investor base and improvethe country's credit rating. The purpose of the bond issue, which...