Goldman, HSBC Back Rare Private Credit Deal in Saudi Arabia

The story so far

2 publishers have covered this in 5 articles since 11 Nov 2026. Bloomberg Markets published first, on 11 November at 14:02 UTC; Quartz followed 43 min later. The most recent article, from Bloomberg Technology, appeared on 12 November at 11:54 UTC.

Outlets reporting it: Bloomberg Technology (major outlet), Quartz.

2 prediction markets price this story:

• Will Saudi Aramco be the largest company in the world by market cap on December 31? — the market puts it at 0%, with $3k traded in the last 24 hours, closing 1 Jan 2027. For the outcome to be Yes, Saudi Aramco must have the highest market capitalization among all global companies at the close of trading on December 31, 2026. For the outcome to be No, any other company must hold that top spot at that specific time. Readers often mistake the date of the linked news story for the resolution deadline, but the actual cutoff is strictly the market close on December 31, 2026.
• Goldman Sachs — the market puts it at 68%, with $7 traded in the last 24 hours, closing 1 Jan 2028. Goldman Sachs must act as a lead-left underwriter for OpenAI’s US initial public offering before January 1, 2028, for the outcome to be Yes. The market resolves to No if this specific role is not fulfilled within that timeframe. Readers often mistake any involvement in the IPO for the required lead-left underwriter position.

Odds are the market's probability that the outcome happens, updated every few minutes. They are information about what traders expect, not a forecast we make and not investment advice.