[wanabidii] Press Releases: Government of Jordan Issues $1 Billion Bond with U.S. Guarantee

You are subscribed to Press Releases for U.S. Department of State. This information has recently been updated, and is now available. Press Releases: Government of Jordan Issues $1 Billion Bond with U.S. Guarantee 06/26/2014 03:08 PM EDT Government of Jordan Issues $1 Billion Bond with U.S. Guarantee Media Note Office of the Spokesperson Washington, DC June 26, 2014 Today, the Hashemite Kingdom of Jordan closed on its offering of a $1 billion sovereign bond issuance guaranteed by the United States Government. This second loan guarantee reinforces the firm U.S. commitment to the people of Jordan by strengthening the Government of Jordan’s ability to maintain access to international financing, while enabling it to achieve its economic development and reform goals. The United States’ guarantee will allow Jordan to access affordable financing from international capital markets, ensuring that Jordan can continue to provide critical services to its citizens as it enacts transformative economic reforms and hosts more than 600,000 refugees who have fled the violence inside Syria. The loan guarantee agreement is designed to support specific economic reforms the Government of Jordan is pursuing to promote the economic stability and growth needed to provide opportunity and prosperity to the Jordanian people. Today’s issuance of a $1billion, five-year Jordanian sovereign bond was supported by a 100 percent guarantee of the repayment of principal and interest by the United States Government. The $1 billion issuance was priced at a coupon rate of 1.945%. The Office of Website Management, Bureau of Public Affairs, manages this site as a portal for information from the U.S. State Department. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. Stay connected with the State Department:   External links found in this content or on Department of State websites that go to other non-Department websites should not be construed as an endorsement of the views or privacy policies contained therein.  Update your subscriptions, modify your password or email address, or stop subscriptions at any time on your Subscriber Preferences Page. You will need to use your email address to log in. If you have questions or problems with the subscription service, please visit subscriberhelp.govdelivery.com. This service is provided to you at no charge by U.S. Department of State. This email was sent to wanabidii@googlegroups.com using GovDelivery, on behalf of: U.S. Department of State · 2201 C Street NW · Washington, DC 20520

Share this :

• Digg
• Linkedin
• Stumbleupon
• Delicious
• Tumblr
• BufferApp
• Pocket
• Evernote