Sunday, April 14, 2019
Amman, April 2019
Al Mawared successfully structured and placed a one year, JD 3 million corporate bond issued by Jordan Trade Facilities PLC, a company listed on the Amman Stock Exchange.
The bond was issued at a coupon rate of 7.00% for maturity end of March 2020, reflecting an attractive opportunity for investors seeking high yield in today’s environment.
Al Mawared is a wholly-owned subsidiary of INVESTBANK.