By Andrea Heisinger
New York, Dec. 4 - Goldman Sachs Group Inc. priced $575 million of two-year floating-rate notes backed by the Federal Deposit Insurance Corp. Temporary Liquidity Program, according to a 424B2 filing with the Securities and Exchange Commission.
The non-callable notes (Aaa/AAA/AAA) priced at par. Interest is payable quarterly.
Goldman Sachs & Co. was the bookrunner. Co-managers were Cabrera Capital Markets, LLC, Daiwa Securities America Inc. and Toussaint Capital Partners.
The bank holding company is based in New York City.
| Issuer: | Goldman Sachs Group Inc.
|
| Guarantor: | Federal Deposit Insurance Corp.
|
| Issue: | FDIC-backed floating-rate notes
|
| Amount: | $575 million
|
| Maturity: | Dec. 3, 2010
|
| Bookrunner: | Goldman Sachs & Co.
|
| Co-managers: | Cabrera Capital Markets, LLC, Daiwa Securities America Inc., Toussaint Capital Partners
|
| Coupon: | Three-month Libor plus 50 bps
|
| Price: | Par
|
| Yield: | Three-month Libor plus 50 bps
|
| Call: | Non-callable
|
| Trade date: | Dec. 3
|
| Settlement date: | Dec. 5
|
| Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Fitch: AAA
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
