Riyadh Air secures inaugural SAR 5.0 Billion revolving credit facility

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 […]

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