| The Public Investment Fund isn’t considering a loan and its investment in Uber Technologies Inc. wasn’t funded by a loan or any other form of borrowing, it said.
People familiar with the matter said Saudi Arabia’s sovereign wealth fund is weighing a loan of as much as $3 billion for its investment in Uber. The PIF, as the fund is known, held preliminary talks with local and international banks about borrowing between $2 billion and $3 billion, the people said, asking not to be identified as the plans are private...............................................Full Article: Source
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