A document on Monday showed Jordan’s finance ministry has appointed banks to sell US dollar bonds that mature in just over five years. And book managers, contacts will be made with a number of small investors starting Monday, and with global investors on Tuesday.
This is expected to be followed by a standard-size five-year bond issuance, depending on market conditions, which means it will likely not be less than $500 million. The memo indicated that Lines Head Global Partners would be the financial advisor to the Kingdom.
(Archyde.com)
