Saudi PIF completes pricing of bond offering worth 5 bln USD

RIYADH, Jan. 26 (Xinhua) -- Saudi Public Investment Fund (PIF) completed pricing a 5-billion-U.S. dollar Reg S international bond offering under its Euro Medium-Term Note Program.

According to a PIF press release, the offering aligns with its strategy to diversify PIF funding sources continually.

The offering comprised three tranches: a 1.75-billion-U.S. dollar tranche with a 5-year coupon maturing in 202