LONDON, Nov 3 (IFR) - The Hashemite Kingdom of Jordan has launched a US$500m January 2026 bond at a yield of 6.375%, according to a deal lead.
This compares to initial price thoughts of 6.75% area, which were released earlier on Tuesday.
Allocations and pricing is expected later on Tuesday via deal leads Citigroup and JP Morgan.
Jordan is rated B1 by Moody’s and BB- by Standard & Poor‘s.
Reporting by Michael Turner; editing by Alex Chambers