By Cristal Cody
Tupelo, Miss., March 26 – Goldman Sachs Group Inc. priced $3.5 billion of 3.5% five-year senior notes (A3/BBB+/A) on Thursday at a spread of Treasuries plus 300 basis points, according to a market source.
Initial price talk was in the Treasuries plus 337.5 bps area.
Goldman Sachs & Co. LLC was the bookrunner.
Goldman Sachs Group is a New York-based banking, securities and investment management company.
| Issuer: | Goldman Sachs Group Inc.
|
| Amount: | $3.5 billion
|
| Maturity: | April 1, 2025
|
| Description: | Senior notes
|
| Bookrunner: | Goldman Sachs & Co. LLC
|
| Coupon: | 3.5%
|
| Spread: | Treasuries plus 300 bps
|
| Trade date: | March 26
|
| Ratings: | Moody’s: A3
|
| S&P: BBB+
|
| Fitch: A
|
| Price guidance: | Treasuries plus 337.5 bps area
|
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