Saudi Arabia’s Public Investment Fund (PIF) signaled a further development in its financing strategy with the launch of a dual commercial paper (CP) program in both US and Euro markets via offshore special-purpose vehicles. Though specific issuance figures remain undisclosed, what’s undeniable is the strong signal sent - P‑1 ratings...
Saudi Arabia’s Public Investment Fund (PIF) signaled a further development in its financing strategy with the launch of a dual commercial paper (CP) program in both US and Euro markets via offshore special-purpose vehicles. Though specific issuance figures remain undisclosed, what’s undeniable is the strong signal sent - P‑1 ratings...