LONDON, Oct 2 (IFR) - The Hashemite Kingdom of Jordan has launched a US$1bn bond due October 2047 at 7.50%, according to a lead.
The order books were about US$3bn at the last update.
The sovereign started marketing the notes via Citigroup and JP Morgan at a yield in the high 7s. The trade is today’s business.
The Jordan is rated B1 by Moody’s and BB- by S&P. (Reporting by Robert Hogg)