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Goldman Sachs plans fixed/floating-rate notes due 2015 linked to Libor
By Susanna Moon
Chicago, Oct. 25 - Goldman Sachs Group, Inc. plans to price fixed- and floating-rate notes due Nov. 5, 2015 linked to Libor, according to a 424B2 filing with the Securities and Exchange Commission.
The coupon will be 2.7% for the first two years. After that, the rate will be Libor plus 90 basis points. Interest is payable quarterly.
The payout at maturity will be par.
The notes (Cusip 38143UNX5) will settle on Nov. 5.
Goldman, Sachs & Co. is the underwriter.
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