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Published on 9/12/2014 in the Prospect News Investment Grade Daily.

New Issue: Goldman Sachs taps floating-rate notes due 2018 to add $659.42 million

By Aleesia Forni

Virginia Beach, Sept. 12 – Goldman Sachs Group Inc. sold a $659,415,000 add-on to its existing floating-rate notes due Nov. 15, 2018 at 101.979, according to a 424B2 filed with the Securities and Exchange Commission.

The underwriters were Goldman Sachs & Co., Drexel Hamilton LLC, Great Pacific Securities, Mischler Financial Group Inc. and Williams Capital Group LP.

The total issue size now sits at $2,359,415,000, including $700 million priced on Jan. 28 and $1 billion priced on Nov. 12.

The financial services company is based in New York City.

Issuer:Goldman Sachs Group Inc.
Amount:$659,415,000
Description:Add-on to notes
Maturity:Nov. 15, 2018
Underwriters:Goldman Sachs & Co., Drexel Hamilton LLC, Great Pacific Securities, Mischler Financial Group Inc., Williams Capital Group LP
Coupon:Libor plus 110 bps
Price:101.979
Trade date:Sept. 10
Settlement date:Sept. 19
Total issue size:$2,359,415,000

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