Jordan - Par Bond
Article Index
Par Bond
Par Bond issued under the Brady Plan debt restructuring agreement. Eligible for tendering in local privatizations.
Obligor: | The Jordan Par Bond Company Limited |
Guarantor: | The Hashemite Kingdom of Jordan |
Issue Size: | USD 494,219,629 |
Maturity: | December 23, 2023 |
Interest Rate: | 4%...........................to December 97 5%.................................to December 98 5 1/2%...........................to December 99 6%...........................to December 23 |
Coupon Frequency: | Semi-annual |
Coupon Dates: | June 23 & and December 23 |
Day Count: | 30/360 |
Issue Date: | December 23, 1993 |
Amortisation: | None, bullet at maturity |
Options: | Callable at par with accrued interest on coupon dates if no default. |
Currency: | USD only |
Form of Instrument: | Registered securities |
Denominations: | $250,000 and integral multiples thereof |
Credit Rating: | Not rated |
Principal Collateral: | 30-year zero-coupon US Treasury bonds |
Interest Payment Collateral: | 6-month rolling interest payments guarantee at an assumed interest rate of 6% secured by USD cash or permitted investments. |
Registered Bond
Listing: | Luxembourg |
Bloomberg Ticker: | JORDAN |
CUSIP: | TT3154297 |
ISIN: | XS0048068166 |
Common Code: | 004806816 |
Valoren: | 170878 |
Sedol 1: | 4433118 |
France: | 856785 |