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Published on 4/25/2013 in the Prospect News Investment Grade Daily.

New Issue: Goldman Sachs sells $1.25 billion five-year notes at Libor plus 120 bps

By Andrea Heisinger

New York, April 25 - Goldman Sachs Group Inc. was in the market Thursday with a $1.25 billion sale of five-year floating-rate notes (A3/A-/A-) priced at par to yield Libor plus 120 basis points, a source away from the trade said.

The notes are non-callable.

Goldman Sachs & Co. was the bookrunner.

The financial services company is based in New York City.

Issuer:Goldman Sachs Group Inc.
Issue:Floating-rate notes
Amount:$1.25 billion
Maturity:2018
Bookrunner:Goldman Sachs & Co.
Coupon:Libor plus 120 bps
Price:Par
Yield:Libor plus 120 bps
Call:Non-callable
Trade date:April 25
Ratings:Moody's: A3
Standard & Poor's: A-
Fitch: A-

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