Saudi PIF raises $3bln in dual-tranche loans backed by Italy’s SACE

Zawya · Staff Writer ·

Proceeds from the euro-denominated green tranche will be allocated to green projects

Saudi Arabia’s sovereign wealth fund PIF has raised $3 billion in dual-tranche credit facilities guaranteed by SACE, Italy’s export credit agency.

Saudi PIF raises $3bln in dual-tranche loans backed by Italy’s SACE

Proceeds from the euro-denominated green tranche will be allocated to green projects

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