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Goldman Sachs sets talk for five-year fixed-, floating-rate notes; pricing expected Tuesday
By Aleesia Forni
Virginia Beach, Sept. 8 – Goldman Sachs Group Inc. is in the market on Tuesday with a benchmark offering of senior notes (A3/A-/A) due 2020 in fixed- and floating-rate tranches, according to a market source.
The fixed-rate notes are talked in the 140 basis points area over Treasuries, and the floaters are talked at the Libor equivalent to the fixed-rate notes.
Goldman Sachs & Co. is the bookrunner.
The financial services company is based in New York City.
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