The Trump administration supports and Morgan Stanley is handling it. Sable Offshore (SOC.US) plans to replace maturing debt with a 15% interest rate.

According to the Wise Express Finance APP, it has been disclosed by informed sources that JPMorgan Chase is currently in negotiations with investors, planning to provide Sable Offshore (SOC.US), an oil drilling company supported by the Trump administration, with a refinancing loan of nearly $1 billion at a high interest rate of up to 15%.