Published: October 31, 2013
Will raise US$1.25bn of US-backed debt.
The government of Jordan has announced its attention to raise US$1.25bn of 7-year bonds. The funds will be guaranteed by the US Agency for International Development, according to a communication from the lead managers, which will pay the principle and the interest.
Citi, HSBC and JP Morgan will arrange the deal, which settles today.