Saudi Arabia's PIF Raises Record $7 Billion in Debt on May 7

GateNews

According to Zawya, Saudi Public Investment Fund raised a record $7 billion in debt on Thursday (May 7) in its largest-ever bond sale. The offering consisted of three-year, seven-year, and 30-year tranches, which were more than three times oversubscribed. This marks the PIF’s first bond offering since the start of the Iran conflict.

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