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Jordan launches US$1bn 30-year bond at 7.50%
October 2, 2017 / 1:44 PM / 2 months ago

Jordan launches US$1bn 30-year bond at 7.50%

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)

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