Saudi Public Investment Fund launches its 1st commercial paper program

NAMPA / Xinhua

2025-06-23

RIYADH, June 23 (Xinhua) -- The Saudi Public Investment Fund (PIF) announced on Monday the launch of its first commercial paper (CP) program. In a statement on its website, the PIF said the program, which enables CP issuance through offshore special-purpose vehicles, comprises two sub-programs: a U.S. commercial paper program and a European commercial paper program. According to the PIF statement, the program adds a new source of funding to......

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