Update: Market Chatter: Goldman Sachs, HSBC, Fortress Team Up on $150 Million Saudi Private Credit Deal

03:07 PM EST, 11/11/2026 (MT Newswires) -- (Updates with Ruya Partners' and Goldman Sachs' responses to requests for comment in the third paragraph.) Goldman Sachs Group (GS), HSBC (HSBC) and Fortress Investment Group are among financial firms teaming up to provide $150 million in financing to United Saudi in one of Saudi Arabia's first major private credit deals since the US-Iran war began, Bloomberg reported Wednesday, citing people familiar with the matter. The firms are collaborating with Middle East fund managers including Ruya Partners and Amwal Capital Partners, according to the report. Ruya Partners, Goldman Sachs and Fortress Investment declined to comment, while HSBC and Amwal Capital Partners didn't immediately respond to MT Newswires' requests for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 928.63, Change: +18.44, Percent Change: +2.03