By Andrea Heisinger
Omaha, March 25 - Goldman Sachs Group Inc. priced $2.5 billion of 6.15% 10-year global notes Tuesday to yield Treasuries plus 270 basis points, an informed source said.
The non-callable notes (Aa3/AA-/AA-) priced at 99.816 to yield 6.175%.
The notes priced at the tight end of talk, which was 270 bps to 275 bps more than Treasuries, the source said.
Goldman Sachs & Co. was the bookrunner.
The investment bank is based in New York City.
| Issuer: | Goldman Sachs Group Inc.
|
| Issue: | Global notes
|
| Amount: | $2.5 billion
|
| Maturity: | April 1, 2018
|
| Bookrunner: | Goldman Sachs & Co.
|
| Coupon: | 6.15%
|
| Price: | 99.816
|
| Yield: | 6.175%
|
| Spread: | Treasuries plus 270 bps
|
| Call: | Non-callable
|
| Trade date: | March 25
|
| Settlement date: | April 1
|
| Ratings: | Moody's: Aa3
|
| Standard & Poor's: AA-
|
| Fitch: AA-
|
| Price talk: | 270 to 275 bps
|
© 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.
