Riyadh Air secures inaugural SAR 5.0 Billion revolving credit facility
[ad_1] Riyadh Air, the ambitious new startup airline wholly owned by the PIF (Public Investment Fund), Saudi Arabia’s sovereign wealth fund, announced the successful closing of its inaugural self-arranged Islamic Revolving Credit Facility amounting to SAR 3.0 billion. The facility also includes a committed accordion option for an additional SAR 2.0 billion. The one-year, unsecured […]