Saudi Arabia's PIF signs $15 billion loan | Reuters
Saudi Arabia’s sovereign wealth fund, the Public Investment Fund, said on Wednesday it has signed a $15 billion multi-currency revolving credit facility with a group of 17 banks, which it said gives it access to extra capital that can be deployed quickly when needed.
Reuters reported last month that PIF could raise between $13 billion and $15 billion, according to one source. Sources said the one-year facility could be renewed four times.
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