Jordan hires Citi, Goldman, HSBC for dollar bond sale

Citi, Goldman Sachs and HSBC have been hired by Jordan for a planned sale of US dollar-denominated bonds that would mature in over five years.

DUBAI - Jordan has hired banks for a planned sale of US dollar-denominated bonds that would mature in over five years, a bank document on the debt sale showed on Monday.

Citi, Goldman Sachs and HSBC will arrange one-on-one and small-group investor meetings starting on Monday. An issuance of benchmark-size - typically at least $500 million - long five-year bonds will follow, subject to market conditions, the document said.