JPMorgan Joins Gulf Banks on $7 Billion Loan for Syrian Projects

JPMorgan Chase & Co. is joining Gulf lenders to help arrange about $7 billion of debt financing for a Qatari firm’s projects in Syria, marking one of the biggest foreign...

By Laura Gardner Cuesta · Bloomberg Markets

JPMorgan Chase & Co. is joining Gulf lenders to help arrange about $7 billion of debt financing for a Qatari firm’s projects in Syria, marking one of the biggest foreign commitments to the country’s reconstruction since dictator Bashar al-Assad was ousted by rebel forces.