By Andrea Heisinger
New York, Jan. 16 - Goldman Sachs Group Inc. tapped the market Wednesday for $6 billion of new and reopened bonds (A3/A-/A) in three tranches, a market source said.
The New York City-based financial services company reopened its 1.6% notes due Nov. 23, 2015 to add $1 billion. Pricing was at a spread of Treasuries plus 115 basis points.
Total issuance of the notes is $2.25 billion, including $1.25 billion priced on Nov. 15, 2012 at 130 bps over Treasuries.
There was $2.75 billion of 2.75% five-year notes sold at 165 bps over Treasuries.
A third part was $2.25 billion of 10-year notes priced at Treasuries plus 185 bps.
Goldman Sachs & Co. was the bookrunner.
Proceeds will be used for general corporate purposes.
| Issuer: | Goldman Sachs Group Inc.
|
| Issue: | Notes
|
| Amount: | $6 billion
|
| Bookrunner: | Goldman Sachs & Co.
|
| Trade date: | Jan. 16
|
| Ratings: | Moody's: A3
|
| Standard & Poor's: A-
|
| Fitch: A
|
|
|
| Three-year notes
|
| Amount: | $1 billion, reopened
|
| Maturity: | Nov. 23, 2015
|
| Coupon: | 1.6%
|
| Spread: | Treasuries plus 115 bps
|
| Total issuance: | $2.25 billion, including $1.25 billion priced Nov. 15, 2012
|
|
|
| Five-year notes
|
| Amount: | $2.75 billion
|
| Maturity: | 2018
|
| Coupon: | 2.75%
|
| Spread: | Treasuries plus 165 bps
|
|
|
| 10-year notes
|
| Amount: | $2.25 billion
|
| Maturity: | 2023
|
| Coupon: | 3.625%
|
| Spread: | Treasuries plus 185 bps
|
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