Tag Archives: SAR

Riyadh Air secures inaugural SAR 5.0 Billion revolving credit facility

Riyadh Air secures inaugural SAR 5.0 Billion revolving credit facility

Riyadh Air, the formidable new startup airline wholly owned by  the PIF (Public Funding Fund), Saudi Arabia’s sovereign wealth fund, introduced the profitable closing of its inaugural self-arranged Islamic Revolving Credit score Facility  amounting to SAR 3.0 billion. The ability additionally features a dedicated accordion possibility for an  further SAR 2.0 billion. The one-year, unsecured […]