By Wendy Van Sickle
Columbus, Ohio, Feb. 18 – Goldman Sachs Group, Inc. priced $25 million of callable step-up fixed-rate notes due Feb. 17, 2036, according to a 424B2 filing with the Securities and Exchange Commission.
Interest will be 2.11% initially, stepping up to 3% on Feb. 17, 2031. Interest is payable semiannually.
The payout at maturity will be par.
The notes will be callable at par quarterly beginning Feb. 17, 2031.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Callable step-up fixed-rate notes
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| Amount: | $25 million
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| Maturity: | Feb. 17, 2036
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| Coupon: | 2.11% initially, stepping up to 3% on Feb. 17, 2031; payable semiannually
|
| Price: | Par
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| Payout at maturity: | Par
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| Call option: | At par quarterly beginning Feb. 17, 2031
|
| Pricing date: | Feb. 12
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| Settlement date: | Feb. 17
|
| Underwriter: | Goldman Sachs & Co. LLC
|
| Fees: | 0.55%
|
| Cusip: | 38150AEX9
|
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