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Published on 11/2/2017 in the Prospect News Investment Grade Daily.

Fitch rates GS Finance program A

Fitch Ratings said it assigned a rating of A to GS Finance Corp.'s euro medium-term note, series A senior debt securities program.

Goldman Sachs Group, Inc. provided an unconditional and irrevocable guarantee for payment of all amounts due in respect of the securities.

The ratings are assigned to the program and not to the notes issued under the program, the agency noted.

Fitch said the senior debt securities will be unconditionally guaranteed by Goldman Sachs and therefore the debt level rating of A would change in conjunction with any changes to Goldman Sachs’ issuer default ratings.


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