New Issue: Goldman Sachs sells $16.59 million 4% fixed- to floating-rate notes

By Susanna Moon

Chicago, Nov. 4 - Goldman Sachs Group, Inc. priced $16.59 million of fixed- and floating-rate notes due Nov. 5, 2015 based on Libor, according to a 424B2 filing with the Securities and Exchange Commission.

The coupon will be 4% for the first 18 months. After that, the rate will be Libor plus 140 basis points, up to a maximum of 7% beginning Feb. 14, 2014. Interest is payable quarterly.

The payout at maturity will be par.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Fixed- and floating-rate notes
Amount:	$16,585,000
Maturity:	Nov. 5, 2015
Coupon:	4% for 18 months; thereafter, Libor plus 140 bps, capped at 7% beginning Feb. 14, 2014; payable quarterly
Price:	Par
Payout at maturity:	Par
Pricing date:	Nov. 2
Settlement date:	Nov. 15
Underwriter:	Goldman, Sachs & Co.
Fees:	1.4%
Cusip:	38143UPF2

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