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PIF Secures US$3 Billion in SACE-Backed Credit Facilities

Financial & Wealth Management
PIF Secures US$3 Billion in SACE-Backed Credit Facilities
On 3 November 2026, Saudi Arabia’s Public Investment Fund announced US$3 billion in credit facilities backed by Italy’s export credit agency SACE. The facilities are intended to strengthen cooperation with Italian businesses and support financing for eligible commercial activities; the announcement did not disclose individual loan allocations or project-level pricing.
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