By Wendy Van Sickle
Columbus, Ohio, March 8 – Goldman Sachs Group, Inc. priced $100 million of fixed and floating rate notes due April 8, 2024, according to a 424B2 filing with the Securities and Exchange Commission.
The coupon will 6% for the first six months. Starting Oct. 7, 2023, interest will equal the one-year U.S. Dollar SOFR ICE swap rate plus 20 basis points, subject to a floor of 0.5%.
Interest is payable monthly.
The payout at maturity will be par.
Goldman, Sachs & Co. LLC and InspereX LLC are the underwriters.
Issuer: | Goldman Sachs Group, Inc.
|
Issue: | Fixed and floating rate notes
|
Amount: | $100 million
|
Maturity: | April 8, 2024
|
Coupon: | 6% for first six months, then one-year U.S. Dollar SOFR ICE swap rate plus 20 bps, with floor of 0.5%; payable monthly
|
Price: | Par
|
Payout at maturity: | Par
|
Pricing date: | March 3
|
Settlement date: | March 7
|
Underwriters: | Goldman, Sachs & Co. LLC and InspereX LLC
|
Fees: | 0.12%
|
Cusip: | 38150AR80
|
|
|
© 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.