By Cristal Cody
Tupelo, Miss., Feb. 28 – Goldman Sachs Group Inc. sold C$750 million of senior floating-rate notes due July 27, 2022 (A3/BBB+//DBRS: A) in a Canadian offering on Wednesday at par to yield CDOR plus 54 basis points, according to a market source.
Goldman Sachs & Co., RBC Dominion Securities Inc., TD Securities Inc., BMO Nesbitt Burns Inc. and Scotia Capital Inc. were the lead managers.
The notes are callable July 27, 2021.
The deal is Goldman’s first maple bond issuance in Canada in 2018.
Goldman Sachs Group is a New York-based banking, securities and investment management company.
| Issuer: | Goldman Sachs Group Inc.
|
| Amount: | C$750 million
|
| Description: | Senior floating-rate notes
|
| Maturity: | July 27, 2022
|
| Bookrunners: | Goldman Sachs & Co., RBC Dominion Securities Inc., TD Securities Inc., BMO Nesbitt Burns Inc. and Scotia Capital Inc.
|
| Coupon: | CDOR plus 54 bps
|
| Price: | Par
|
| Yield: | CDOR plus 54 bps
|
| Call features: | July 27, 2021
|
| Trade date: | Feb. 28
|
| Settlement date: | March 6
|
| Ratings: | Moody’s: A3
|
| S&P: BBB+
|
| DBRS: A
|
| Distribution: | Canada
|
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