
Pimco Lends $10 Billion to Gulf States in Private Deals
Investment firm Pimco has privately lent over $10 billion to several Gulf states through wartime bond deals. These transactions provide significant financing to dollar-strapped nations in the region.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (27/100)Sources
Pimco Privately Lends $10 Billion to Gulf in Wartime Bond Deals - Bloomberg.com
Pimco Privately Lends $10 Billion to Gulf in Wartime Bond Deals Bloomberg.com
Read full article →PIMCO Privately Lends Over $10 Billion To Dollar-Strapped Gulf States
PIMCO Privately Lends Over $10 Billion To Dollar-Strapped Gulf States Just days after the UAE hinted at a growing dollar shortage in the Gulf nation by requesting swap lines with the Fed, Bloomberg reports that as Iran's struggling neighbors scramble to build cash buffers to deal with any potential economic fallout from the Iran war, one large buyer has stepped in: the world's largest bond manager, Pacific Investment Management Co. Since the start of the Iran war, Pimco has lent...
By Tyler Durden
Read full article →
