Regulation, Risk & Compliance
Sovereign wealth
Uncategorized
Saudi Wealth Fund to Sign $11 Billion Loan
Saudi Arabia’s sovereign wealth fund will sign an $11 billion loan this week, marking its first-ever borrowing, according to people familiar with the matter. Some of the biggest global lenders including Goldman Sachs Group Inc., HSBC Holdings Plc and JPMorgan Chase & Co. are providing the loan that’s priced at…
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Click here to read the full story: Bloomberg Business Week