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Islamic Finance Briefing - Categorized | Bonds (Sukuk), Market Moves more

Jordan to pick JPMorgan, HSBC for $500 mln bond

Posted on 20 August 2010

From Bloomberg: Jordan will select banks including JPMorgan Chase & Co., HSBC Holdings Plc, Credit Suisse Group AG and Arab Bank Plc to manage the sale of a $500 million Eurobond, Finance Minister Mohammad Abu Hammour said.
The government plans to offer debt maturing in five years by the fourth quarter of this year to help finance the nation’s budget deficit, Abu Hammour said in an interview by telephone from Amman today……………………………………….Full Article: Source

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