PIF’s ‘aggression’ called into question as loan nears close
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PIF’s ‘aggression’ called into question as loan nears close


Saudi Arabia’s sovereign wealth fund, Public Investment Fund (PIF), is close to finalising its second syndicated loan, which is scheduled for September. Margins are slimmer than on the borrower’s debut last year, according to bankers, though some in the market wondered if the fund will push even further on pricing before the deal is done.

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