Tag Archives: facility

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