QatarEnergy secures $3 bln five-year loan from Chinese lenders
QatarEnergy has secured a $3 billion syndicated five-year loan financed by four major Chinese financial institutions, while also discussing additional funding of $5 billion or more.
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QatarEnergy has secured a $3 billion syndicated five-year loan financed by four major Chinese financial institutions, while also discussing additional funding of $5 billion or more.
State-backed QatarEnergy has secured a $3 billion, five-year loan from four Chinese banks: Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China, and China Construction Bank. The financing comes amid the ongoing US-Iran conflict.
QatarEnergy has secured a loan worth $3 billion from four Chinese banks to support its energy projects.
State-owned QatarEnergy has secured a $3 billion loan from Chinese banks, according to people familiar with the matter, another sign that financial firms are still willing to lend to certain Gulf borrowers, despite the protracted US war with Iran.