| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers G > Headlines for Goldman Sachs Group, Inc. > News item |
Goldman to price 15-year callable step-up notes with 3.75% initial rate
By Tali Rackner
Norfolk, Va., Oct. 16 – Goldman Sachs Group, Inc. plans to price callable step-up fixed-rate notes due October 2035, according to a 424B2 filing with the Securities and Exchange Commission.
Interest will be 3.75% initially, stepping up to 4% in October 2019, to 4.5% in October 2025, to 5% in October 2029, to 5.5% in October 2032, to 6% in October 2033 and to 8% in October 2034. Interest will be payable semiannually.
The payout at maturity will be par.
The notes will be callable at par on any quarterly date beginning in October 2017.
Goldman Sachs & Co. is the underwriter.
The notes will price and settle in October.
The Cusip number is 38148TGJ2.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.