Saudi Arabia’s PIF raises $17bn in loan refinancing

Saudi Arabia’s PIF raises $17bn in loan refinancing

Saudi Arabia’s sovereign wealth fund said on Wednesday it had secured a $17bn loan from a group of 25 banks that will partly refinance a loan it took out in 2018. The Public Investment Fund (PIF) raised $11 billion in 2018 via a five-year loan from 15 banks, which...
Fullerton Health Weighs Stake Sale at $1.1bn Value

Fullerton Health Weighs Stake Sale at $1.1bn Value

Fullerton Health is considering selling a minority stake to raise funds to expand its medical services operations, according to people with knowledge of the matter. The Singapore-based company, which counts private equity firm RRJ Capital and Ping An Capital as its...
British PE Firm TDR Raises €4.2bn for New Buyout Fund

British PE Firm TDR Raises €4.2bn for New Buyout Fund

TDR Capital has raised billions of euros for a new buyout fund, adding resources for deals and to support its portfolio of consumer-related companies at a time when the sector is under pressure from rising costs. The British firm secured $4.3bn, according to a person...