By Angela McDaniels
Tacoma, Wash., Aug. 16 - Goldman Sachs Group, Inc. priced $95 million of fixed- to floating-rate notes due Aug. 19, 2013 at par, according to a 424B2 filing with the Securities and Exchange Commission.
The interest rate is initially 1.3%. After Aug. 19, 2011, the interest rate will be Libor plus 105 basis points. Interest is payable quarterly.
The notes are non-callable.
Goldman, Sachs & Co. is the underwriter.
The issuer is a financial services company based in New York.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Fixed- to floating-rate notes
|
| Amount: | $95 million
|
| Maturity: | Aug. 19, 2013
|
| Underwriter: | Goldman, Sachs & Co.
|
| Coupon: | 1.3% for first year, then Libor plus 105 bps; payable quarterly
|
| Price: | Par
|
| Call option: | None
|
| Trade dates: | Aug. 12 and Aug. 13
|
| Settlement date: | Aug. 19
|
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