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Stock impact report

Private Credit Firm Ruya Plans $400 Million Fundraise in Middle East [Yahoo! Finance Canada]

Janus Henderson Group plc Ordinary Shares (JHG) 
Last janus henderson group plc ordinary shares earnings: 4/30 04:00 am Check Earnings Report
US:NYSE Investor Relations: snl.com/irw/corporateprofile/4147331
Most Read from Bloomberg It expects to make its first close in the coming months, he said in an interview in Riyadh. Ruya will primarily focus on middle-market lending through the fund but aims to expand into strategies like real estate and infrastructure credit in the next three years, he added. That would make Ruya one of the most prominent players in private credit in the Gulf, where new deals are arising from the need for alternative financing. Saudi Arabia has emerged as a place of new interest as banks slow their pace of credit growth at a time when companies and government entities need more capital to drive economic diversification projects under the Vision 2030 agenda. “We're only in the second inning in regional private credit, especially in Saudi Arabia where there are financing needs across the spectrum,” AlYawer said. “Almost everyone is coming out with a version of what private credit is for them and trying to strike it in a different way.” Janus Henderson and S Show less Read more
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