PIF Secures US$3 Billion in SACE-Backed Credit Facilities

On 3 November 2026, Saudi Arabia’s Public Investment Fund announced US$3 billion in credit facilities backed by Italy’s export credit agency SACE. The facilities are intended to strengthen cooperation with Italian businesses and support financing for eligible commercial activities; the announcement did not disclose individual loan allocations or project-level pricing. HPC can help financial institutions, investment advisers and international companies explore financing partnerships, investment opportunities and cross-border business introductions.