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PIF raises USD 3 bn in Sace-backed credit tied to buying from Italian suppliers
This is the second time in four months PIF has traded procurement access for guaranteed funding
Ma’aden kicks off USD-denominated sukuk + Al Rajhi Bank participates in USD 400 mn facility for AFC
PLUS: PIF in talks with Italy’s Sace for EUR 3 bn in loan guarantees
Italy’s Sace pledges USD 3 bn for Neom loan guarantees
The move comes as part of an Italian push for Neom contracts