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Published on 7/19/2013 in the Prospect News Investment Grade Daily.

New Issue: Goldman Sachs details terms of $2.5 billion 2.9% five-year notes sale

By Andrea Heisinger

New York, July 19 - Goldman Sachs Group Inc. gave terms of its $2.5 billion sale of 2.9% five-year notes (A3/A-/A-) priced at 155 basis points over Treasuries, in a 424B2 filing with the Securities and Exchange Commission on Friday.

Pricing was at 99.917. There is no call option.

The bookrunner was Goldman Sachs & Co.

Proceeds are being used for general corporate purposes.

Goldman last sold bonds in the U.S. market in a $1.25 billion sale of five-year floating-rate notes on April 25.

The financial services company is based in New York City.

Issuer:Goldman Sachs Group Inc.
Issue:Notes
Amount:$2.5 billion
Maturity:July 19, 2018
Bookrunner:Goldman Sachs & Co.
Coupon:2.9%
Price:99.917
Spread:Treasuries plus 155 bps
Call:Non-callable
Trade date:July 16
Settlement date:July 19
Ratings:Moody's: A3
Standard & Poor's: A-
Fitch: A-

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