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Published on 12/2/2021 in the Prospect News Investment Grade Daily.

New Issue: Goldman Sachs taps 1.217% notes due 2023 for additional $150 million

By Cristal Cody

Chicago, Dec. 2 – Goldman Sachs Group, Inc. sold another $150 million of its 1.217% global notes due Dec. 6, 2023 on Thursday after pricing the first part of the issue one day earlier on Wednesday, according to a market source.

The company added the additional notes with pricing for a 63.5 basis points spread over the benchmark Treasury, slightly tighter than Wednesday’s 65 bps spread.

With the $1.75 billion of notes sold on Wednesday, the series now has $1.9 billion outstanding.

Goldman Sachs & Co. LLC was again the bookrunner.

Goldman Sachs is a New York-based banking, securities and investment management company.

Issuer:Goldman Sachs Group, Inc.
Amount:$150 million
Issue:Senior global notes
Maturity:Dec. 6, 2023
Bookrunner:Goldman Sachs & Co. LLC
Coupon:1.217%
Spread:Treasuries plus 63.5 bps
Call features:One year of call protection
Trade date:Dec. 2
Total amount:$1.9 billion, including $1.75 billion priced on Dec. 1

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