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Moody's assigns first time A1 rating to Saudi Arabia's PIF

Moody's Investors Service on Monday assigned an A1 long term issuer rating (Global Scale Rating (GSR)) and a1 Baseline Credit Assessment (BCA) to Public Investment Fund (PIF), the kingdom's sovereign wealth fund. The agency also assigned an Aaa.sa long term issuer national scale rating (NSR) for PIF. The outlook on…

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