By Andrea Heisinger
New York, May 27 - Goldman Sachs Group Inc. reopened an issue of 7.5% notes due Feb. 15, 2019 on Wednesday to add $1 billion, an informed source said.
The notes (A1/A/A+) priced at 103.988 to yield 6.926%, or Treasuries plus 337.5 basis points. The notes are non-callable.
Total issuance is $3 billion, including $2 billion priced Jan. 29 at Treasuries plus 500 bps.
Goldman Sachs & Co. was the bookrunner.
The financial services and bank holding company is based in New York City.
| Issuer: | Goldman Sachs Group Inc.
|
| Issue: | Notes, reopened
|
| Amount: | $1 billion
|
| Maturity: | Feb. 15, 2019
|
| Bookrunner: | Goldman Sachs & Co.
|
| Coupon: | 7.5%
|
| Price: | 103.988
|
| Yield: | 6.926%
|
| Spread: | Treasuries plus 337.5 bps
|
| Call: | Non-callable
|
| Trade date: | May 27
|
| Settlement date: | June 3
|
| Ratings: | Moody's: A1
|
| Standard & Poor's: A
|
| Fitch: A+
|
| Total issuance: | $3 billion, including $2 billion priced Jan. 29 at Treasuries plus 500 bps
|
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