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Published on 11/12/2013 in the Prospect News Investment Grade Daily.

New Issue: Goldman Sachs prices $1 billion five-year notes at Libor plus 110 bps

By Aleesia Forni

Virginia Beach, Nov. 12 - Goldman Sachs Group Inc. priced $1 billion of five-year floating-rate senior notes (A3/A-/A-) on Tuesday at par to yield Libor plus 110 basis points, a source away from the trade said.

Goldman Sachs & Co. was the bookrunner.

The financial services company is based in New York City.

Issuer:Goldman Sachs Group Inc.
Amount:$1 billion
Description:Senior notes
Maturity:Nov. 15, 2018
Bookrunners:Goldman Sachs & Co.
Coupon:Libor plus 110 bps
Price:Par
Yield:Libor plus 110 bps
Trade date:Nov. 12
Settlement date:Nov. 15
Ratings:Moody's: A3
Standard & Poor's: A-
Fitch: A-

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