Market Chatter: Chinese Lenders Provide $3 Billion Loan to QatarEnergy

MT Newswires Live

Yesterday

Four Chinese banks have lent QatarEnergy $3 billion on a five-year term for working capital needs, according to a Wednesday Bloomberg report.

Bank of China (HKG:3988, SHA:601988), Industrial and Commercial Bank of China (HKG:1398, SHA:601398), Agricultural Bank of China (HKG:1288, SHA:601288), and China Construction Bank Asia (HKG:0939, SHA:601939) struck the loan deal with the Gulf state-owned energy producer at 0.50% over the Secured Overnight Financing Rate, the report said.

QatarEnergy and the banks were not immediately available to MT Newswires for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1522347837.USD","symbol_name":"EASTSPRING INV ASIAN LOW VOLATILITY EQUITY FUND \"A\" (USD) ACC A","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2673325060","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2673325060","pubTimestamp":1791348583,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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