Saudi Gazette report RIYADH — The Public Investment Fund (PIF) announced on Thursday the pricing of a $1.25 billion sukuk offering. The proceeds of the dollar-denominated offering will be used for PIF’s general corporate purposes, the Saudi sovereign wealth fund revealed.The seven-year sukuk was mo»»»

RIYADH: The Public Investment Fund on Thursday announced the pricing of a $1.25 billion sukuk offering, with the proceeds of the dollar-denominated offering to be used for PIF’s general corporate purposes. The seven-year sukuk was more than 6.5 times oversubscribed, with orders exceeding $9 billion»»»