Goldman Sachs and HSBC Lead $150 Million Financing Deal for United Saudi Company
Goldman Sachs (GS), HSBC (HSBC), and Fortress Investment have formed a consortium to provide $150 million in financing to the United Saudi Company. This transaction represents a significant move within the Saudi Arabian private credit market, involving collaboration with Middle Eastern investment funds. The deal highlights growing international institutional interest in Saudi Arabia's private credit sector. By partnering on this large-scale financing, these global financial institutions are positioning themselves to capture opportunities arising from the Kingdom's expanding non-bank lending landscape.
Topics: financing deal investment banking private credit Saudi Arabia