By Aleesia Forni
Virginia Beach, June 30 – Goldman Sachs Group Inc. sold a $4 billion two-part offering of senior notes (Baa1/A-/A) on Monday, an informed source said.
The sale included $2.25 billion of 3.85% 10-year bonds priced at 99.868 to yield 3.866%, or Treasuries plus 135 basis points.
A second tranche was $1.75 billion of 4.8% 30-year bonds priced at 99.512 to yield 4.831%, or Treasuries plus 150 bps.
Goldman Sachs & Co. was the bookrunner.
The financial services company is based in New York City.
| Issuer: | Goldman Sachs Group Inc.
|
| Issue: | Senior notes
|
| Amount: | $4 billion
|
| Bookrunner: | Goldman Sachs & Co.
|
| Trade date: | June 30
|
| Settlement date: | June 8
|
| Ratings: | Moody’s: Baa1
|
| Standard & Poor’s: A-
|
| Fitch: A
|
| Distribution: | SEC-registered
|
|
|
| Ten-year notes
|
| Amount: | $2.25 billion
|
| Maturity: | July 8, 2024
|
| Coupon: | 3.85%
|
| Price: | 99.868
|
| Yield: | 3.866%
|
| Spread: | Treasuries plus 135 bps
|
| Price talk: | Treasuries plus 140 bps to 145 bps
|
|
|
| Thirty-year bonds
|
| Amount: | $1.75 billion
|
| Maturity: | July 8, 2044
|
| Coupon: | 4.8%
|
| Price: | 99.512
|
| Yield: | 4.831%
|
| Spread: | Treasuries plus 150 bps
|
| Price talk: | Treasuries plus 155 bps to 160 bps
|
|
|
|
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