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Saudi wealth fund PIF prices €800mln 3-year, €850mln 7-year green bond

Saudi Arabia’s Public Investment Fund (PIF), rated Aa3 (Stable) by Moody’s and A+ (Stable) by Fitch, raised €1.65 billion from its green dual-tranche benchmark bond, with investor demand resulting in the total orderbook peaking at €6.9 billion. The Reg S senior unsecured three-year bond raised €800 million, with the price…

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