Jordan is set to launch its debut Eurobond this month and the issue is expected to be worth at least $500 million, a source at one of the lead managers said on Monday.

The source confirmed that Jordan had chosen Arab Bank, Credit Suisse, HSBC and JPMorgan as lead managers for the issue.

The issue will be launched following a roadshow in the Middle East and Europe starting on Nov. 2, the source added.

The roadshow will start in Saudi Arabia on Tuesday and move to Abu Dhabi and Dubai on Wednesday and London on Thursday and Friday, another lead management source said.

Jordan's finance minister said in July that the country planned a $500 million, five-year bond.

Investors have been eager to buy high-yielding emerging and frontier market debt this year, to compensate for low yields in developed markets. – Reuters