New Issue: Goldman prices $7.28 million seven-year floaters linked to 10-year CMS

By Susanna Moon

Chicago, Feb. 10 - Goldman Sachs Group, Inc. priced $7.28 million of floating-rate notes due Feb. 13, 2021, according to a 424B2 filing with the Securities and Exchange Commission.

Interest will be 0.75 times the 10-year Constant Maturity Swap rate, subject to a minimum rate of 2%. Interest will be payable quarterly.

The payout at maturity will be par.

Goldman, Sachs & Co. is the agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Floating-rate notes
Underlying rates:	10-year Constant Maturity Swap
Amount:	$7,275,000
Maturity:	Feb. 13, 2021
Coupon:	0.75 times 10-year CMS rate, floor of 2%; payable quarterly
Price:	Par
Payout at maturity:	Par
Pricing date:	Feb. 6
Settlement date:	Feb. 13
Underwriter:	Goldman Sachs & Co.
Fees:	1.15%
Cusip:	38147QJB3

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