Moody’s assigns A1 rating to Saudi Arabia’s PIF in its first rating


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Mon, 2022-02-07 14:39

RIYADH: Moody’s Investors Service has assigned an A1 long term issuer rating to Saudi Arabia’s Public Investment Fund, marking the agency’s first rating of the Saudi wealth fund.

“Achieving a credit rating is an important step for PIF as we continue to grow our investment portfolio and achieve our objectives,” Governor of PIF, Yasir Al-Rumayyan, commented. 

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