The Investment Fund negotiates with a group of banks in order to secure a loan … and disclose its value and purpose

Al-Marsad Journal: Sources revealed that the Public Investment Fund is negotiating with a group of international banks to obtain a revolving credit facility, a “revolving loan”, valued at $ 5-7 billion. dollars, as part of its overall funding strategy that it developed in 2017.

According to economic sources, the revolving loan will allow the fund to secure flexible financing, and it will also provide additional liquidity that can be used as needed to seize investment opportunities in any market, as has happened. produced with the fruitful opportunities that the fund seized during the Corona pandemic, in line with its mission and in its procurement strategy. Diversified and sustainable funding, with a methodology that applies best practices.