Jordan accepts all $396mln tendered in 2027 bond buyback offer
By Staff Writer
Jordan will buy back all bonds submitted under its tender offer for part of its outstanding $1 billion 5.75% notes due in 2027, after investors tendered $396.2 million of the debt.
Citigroup Global Markets acted as dealer manager for the transaction, while Citibank N.A., London Branch served as information and tender agent.
The sovereign said holders submitted $396.235 million in principal amount of the bonds for repurchase.
Settlement is scheduled for October 16, 2026.
(Writing by Ahmad Mousa; editing by Seban Scaria)