Goldman Sachs, HSBC and Fortress arrange $150 million private‑credit loan for United Saudi Company
Goldman Sachs, HSBC and Fortress Investment Group are providing a $150 million private‑credit facility to United Saudi Company, a Saudi maker of nonwoven fabrics. The loan is being arranged together with regional partners Ruya Partners and Amwal Capital Partners. The transaction marks Fortress’s first foray into Saudi Arabia’s private‑credit market and is among the largest cross‑border deals since mid‑2025.
Why it matters
The financing gives Goldman Sachs and HSBC exposure to a fast‑growing private‑credit segment in Saudi Arabia, though the $150 million size is unlikely to materially affect either bank’s near‑term earnings. The deal also signals expanding opportunities for non‑bank lenders as Saudi banks face tighter liquidity amid regional conflict.
Key facts
- 1Goldman Sachs, HSBC and Fortress are arranging a $150 million private‑credit loan for United Saudi Company. finance.yahoo.com
- 2The loan is being structured with regional fund managers Ruya Partners and Amwal Capital Partners. finance.yahoo.com
- 3United Saudi Company manufactures nonwoven fabrics for hygiene, medical and industrial uses. finance.yahoo.com
- 4The transaction is Fortress’s first entry into Saudi Arabia’s private‑credit market. finance.yahoo.com
- 5The deal is among the largest private‑credit transactions in Saudi Arabia since mid‑2025. finance.yahoo.com
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.