Saudi wealth fund "not in a hurry" to issue bonds, considers funding options | ZAWYA MENA Edition:
Saudi Arabia's sovereign wealth fund Public Investment Fund (PIF) is "not in a hurry" to issue bonds but is assessing several funding options, an executive said on Thursday.
The PIF has been given the task of helping to deliver the so-called Vision 2030 reform plan, an ambitious economic programme announced by the government in 2016 designed to free the kingdom from dependence on oil exports.
Last year the fund raised an $11 billion international syndicated loan, its first commercial borrowing, and sources told Reuters this month it has been in talks with banks to raise a short-term bridge loan for as much as $8 billion to use for new investments.
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