JPMorgan Chase & Co. has struggled to attract investor demand for a $775 million loan to a Trump administration-supported oil driller that would pay a hefty 15% interest rate, according to people familiar with the matter.
JPMorgan Struggles to Find Demand for Oil Driller’s 15% Loan
JPMorgan Chase & Co. has struggled to attract investor demand for a $775 million loan to a Trump administration-supported oil driller that would pay a hefty 15% interest rate, according to people familiar with the matter.
This article was originally published by
Bloomberg Markets
and is republished here under license.
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