Jordanian flag, Credit: Wikicommons
It is the latest in a string of major bond issuances that the firm has led on.
July 15, 2020 at 06:17 AM
1 minute read
The original version of this story was published on Law.com International
Dechert is advising another Middle Eastern government on sovereign debt issuance, a month after assisting on deals for Bahrain and Egypt.
The is acting for the Hashemite Kingdom of Jordan on the issuance of its $500 million 4.95% notes due 2025 and $1.25 billion 5.85% notes due 2030. With no oil or other major natural resources, the government of Jordan is harder-pressed than Gulf neighbors to finance its operations.
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