# Saudi-Italian Trade Deal Secures $3 Billion

> Saudi Public Investment Fund gets $3 billion in SACE-backed credit to boost Italian trade.
- Title: Saudi-Italian Trade Deal Secures $3 Billion · Pulse 2.0
- Summary: Saudi Public Investment Fund gets $3 billion in SACE-backed credit to boost Italian trade.
- Keywords: public investment fund, sace, saudi arabia, italy, trade, credit facilities, green finance, Pulse 2.0
- Source: Pulse 2.0 — https://pulse2.com/public-investment-fund-secures-3-billion-in-sace-backed-credit-facilities-to-expand-saudi-italian-trade
- Author: Amit Chowdhry
- Published: 2026-11-05T20:52:42+00:00
- Read time: 1 min
- Topics: public investment fund, sace, saudi arabia, italy, trade, credit facilities, green finance, startups, business
## Saudi Public Investment Fund Secures Credit
Saudi Arabia’s Public Investment Fund has secured approximately $3 billion in dual-tranche credit facilities guaranteed by SACE, Italy’s export credit agency.
## Credit Facilities Breakdown
The transaction includes a $1.78 billion U.S. dollar-denominated tranche and a €1.035 billion euro-denominated green tranche.
## Bank Syndicate Arrangement
The facilities were arranged through a syndicate of 25 international banks to support PIF’s economic development goals.
## Green Finance Framework
Proceeds from the euro-denominated green tranche will fund eligible environmental projects under PIF’s Green Finance Framework.
## SACE Partnership Agreement
PIF and SACE signed a Memorandum of Understanding in March 2025 to strengthen trade and business opportunities between the two countries.
## PIF’s 2026-2030 Strategy
Under its 2026-2030 strategy, PIF aims to provide portfolio companies with greater access to global markets and capital.
## Key takeaway

Saudi Public Investment Fund secured $3 billion in SACE-backed credit facilities to expand trade with Italy through environmental and commercial projects.