By Wendy Van Sickle
Columbus, Ohio, Oct. 31 – Goldman Sachs Group, Inc. priced $24.27 million of floating-rate notes due Oct. 30, 2058, according to a 424B2 filing with the Securities and Exchange Commission.
The interest rate will Libor minus a spread of 30 basis points. Interest is payable quarterly and cannot be less than zero.
The payout at maturity will be par.
Goldman Sachs & Co. is the agent.
Issuer: | Goldman Sachs Group, Inc.
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Issue: | Floating-rate notes
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Amount: | $24.27 million
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Maturity: | Oct. 30, 2058
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Coupon: | Libor minus 30 bps, 0% floor; payable quarterly
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Price: | Par
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Payout at maturity: | Par
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Pricing date: | Oct. 25
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Settlement date: | Oct. 30
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Underwriter: | Goldman Sachs & Co.
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Fees: | 1.9%
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Cusip: | 38150ABQ7
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