VOL. XXXIX

No. 8

20-November-1995

JORDAN

IFC In Financing Deal With Jordan Mobile Telephones

The International Finance Corporation (IFC), the private sector affiliate of the World Bank, has signed a $38mn loan agreement with the Jordan Mobile Telephone Services Company (JMTS) to develop, operate and install a cellular telephone network. The $38mn financing package, of which the IFC will take $18mn for its own account and $20mn will be syndicated to banks internationally, is part of a...