Jordanian firm Ali Sharif Zu’bi & Sharif Ali Zu’bi teamed up with UK-based emerging markets specialist Denton Wilde Sapte to advise Jordan Phosphate Mines Company on a bond exchange issue in order to re-finance its $100m eurobond.

The Luxembourg Stock Exchange-listed bonds, which were issued in 1997 and mature this August, are the first bonds listed on a major exchange by a Jordanian company.