Saudi Arabia’s Sovereign Wealth Fund Aims To Tap Debt Markets Twice This Year After ‘Amazing’ Market Response

Saudi Arabia’s sovereign wealth fund is planning to tap the debt market twice this year, after an overwhelmingly positive response from international investors.

The Public Investment Fund (PIF) is seeking to raise debt over the coming months as part of a sustained effort to boost its firepower and help support the oil-rich kingdom’s ambitious economic transformation plans.