By Sarah Lizee
Olympia, Wash., July 5 – Goldman Sachs Group, Inc. priced $2 million of callable step-up fixed-rate notes due July 9, 2023, according to a 424B2 filing with the Securities and Exchange Commission.
The coupon will be 3.35% for the first three years, stepping up to 4.5% on July 9, 2021 and to 5.5% on July 9, 2022. Interest will be payable semiannually.
The payout at maturity will be par.
The notes will be callable in whole at par on any quarterly review date beginning Jan. 9, 2019.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Callable step-up fixed-rate notes
|
| Amount: | $2 million
|
| Maturity: | July 9, 2023
|
| Coupon: | 3.35% for the first three years, stepping up to 4.5% on July 9, 2021 and to 5.5% on July 9, 2022; payable semiannually
|
| Price: | Par
|
| Payout at maturity: | Par
|
| Call option: | Callable in whole at par quarterly beginning Jan. 9, 2019
|
| Pricing date: | June 29
|
| Settlement date: | July 9
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 1.012%
|
| Cusip: | 38150AAP0
|
© 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.
