Saudi Investment Fund pays off $10 billion loan ahead of schedule

By: Marwa Mahmoud

The Saudi Public Investment Fund has repaid$10 billion bridge loan months ahead of schedule, according to people who are familiar with the matter.

Reports who declined to be named claimed, according to Bloomberg, that the fund had completely repaid the loan due in October.

The fund signed the loan last year.

A spokesman for the Public Investment Fund confirmed that the loan was paid ahead of schedule, without providing further details.