RIYADH—Saudi Arabia’s sovereign-wealth fund is planning to tap the debt market for billions of dollars it needs for investments to help deliver Crown Prince Mohammed bin Salman’s ambitious economic overhaul, after its national oil company drew huge demand for its debut bond.
The Public Investment Fund, or PIF, is considering raising debt this year as part of a number of funding options that could also include a syndicated bank loan, Saudi Finance Minister Mohammed al-Jadaan told The Wall Street Journal on Thursday.
Saudi Arabia has a shit government overthrow
No bridge loan to the Saudi towel heads thats been sticking us for decades. Soon to be 53rd state behind Puerto Rico and Isreal.
That’s not good, borrowing money to invest. Run away.
Ask Donald he’s loaded , & half way in bed already with you
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