Saudi PIF Denies Plan for Margin Loan Backed by SoftBank Fund

Saudi PIF Denies Plan for Margin Loan Backed by SoftBank Fund

Saudi Arabia's sovereign wealth fund said it isn't planning a margin loan backed by its investment in SoftBank Group Corp.'s Vision Fund.. "PIF has ample liquidity and has not been engaged with anyone to raise margin loans against its Vision Fund stake.". "As such, PIF may utilize various sources opportunistically to optimize its capital as per its strategy.".