The Saudi Public Investment Fund announces the completion of the pricing of a bond offering worth 5 billion dollars

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The Public Investment Fund in the kingdom of Saudi Arabia has announced the completion of pricing of its international bond offering worth 5 billion dollars (18.75 billion Saudi riyals), and the offering comes within the fund's program for medium-term international Eurobonds, in line with the fund's strategy to diversify its funding sources.
The subtraction is divided into three segments according to the following:

- The first one is worth 1.75 billion US dollars (equivalent to 6.6 billion Saudi riyals), for 5-year bonds, maturing in 2029
- The second is worth 1.75 billion US dollars (equivalent to 6.6 billion Saudi riyals), for 10-year bonds, maturing a year .2034
- The third one is worth 1.5 billion US dollars (equivalent to 5.6 billion Saudi riyals), for 30-year bonds, maturing in 2054.​
Fahd Al-Saif, head of the General Directorate of global investment finance at the Public Investment Fund, stressed that the continued high demand from international investment institutions confirms the success of the fund's medium-term financing strategies, and also reflects the financial strength of the fund and the strength of its credit rating and its role as a major engine of economic transformation in the Kingdom, and its status as one of the largest and most influential global sovereign funds.
Loans and debt instruments are one of the four sources of financing for the fund, which has an A1 rating from Moody's credit rating agency with a positive outlook, and an A+ rating from Fitch with a stable outlook.