PIF Repays $10bn Bridge Loan two months ahead of schedule

PIF Repays $10bn Bridge Loan two months ahead of schedule

PIF (the Public Investment Fund) repaid a $10bn syndicated loan facility with a group of international lenders; the fund said in a statement on Friday. PIF has paid back the $10 billion bridge loan two months ahead of schedule. The Kingdom’s sovereign wealth fund secured the loan in October 2019 to accelerate the implementation of...

Continue reading