Pimco Privately Lends $10 Billion to Gulf in Wartime Bond Deals

As Persian Gulf states build cash buffers to deal with any potential economic fallout from the Iran war, one large buyer has stepped in: Pacific Investment Management Co.

By Laura Gardner Cuesta, Dinesh Nair, Edward Clark · Bloomberg Markets

As Persian Gulf states build cash buffers to deal with any potential economic fallout from the Iran war, one large buyer has stepped in: Pacific Investment Management Co.