Goldman Sachs and HSBC have struck a major financing deal with Saudi Arabia, according to Yahoo Finance Australia.
Details of the agreement were not disclosed beyond the announcement that the two banks had reached the arrangement with the Kingdom.
Key facts
- Goldman Sachs and HSBC are the two banks involved in the deal
- Saudi Arabia is the counterparty to the financing agreement
- The deal was reported by Yahoo Finance Australia
Goldman Sachs HSBC Saudi financing deal: what is known so far
The story was first reported by Yahoo Finance Australia, which named the two banks and Saudi Arabia as the parties to the agreement.
No figures, dates or further terms of the financing deal have been released. TAI News will continue to follow developments on this story in its business coverage.
