By Aleesia Forni
Virginia Beach, Dec. 11 – Goldman Sachs Group Inc. priced $1 billion of three-year floating-rate senior notes (Baa1/A-/A) on Thursday at par to yield Libor plus 80 basis points, a market source said.
The notes sold in line with guidance.
Goldman Sachs & Co. was the bookrunner.
Proceeds will be used for general corporate purposes.
The financial services company is based in New York City.
| Issuer: | Goldman Sachs & Co.
|
| Amount: | $1 billion
|
| Description: | Floating-rate senior notes
|
| Maturity: | Dec. 15, 2017
|
| Bookrunner: | Goldman Sachs & Co.
|
| Coupon: | Libor plus 80 bps
|
| Price: | Par
|
| Yield: | Libor plus 80 bps
|
| Trade date: | Dec. 11
|
| Settlement date: | Dec. 15
|
| Ratings: | Moody’s: Baa1
|
| Standard & Poor’s: A-
|
| Fitch: A
|
| Distribution: | SEC registered
|
| Price talk: | Libor plus 80 bps area
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
