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Saudi sovereign wealth fund nears $10bn loan

Saudi Arabia’s sovereign wealth fund has agreed initial terms for a $10bn loan from a group of the world’s largest banks, as Crown Prince Mohammed bin Salman’s favoured investment vehicle taps lenders for the second time in less than a year. Bank of America Merrill Lynch, BNP Paribas, Crédit Agricole…

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Click here to read the full story: Financial Times

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