| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers G > Headlines for Goldman Sachs Group, Inc. > News item |
Goldman Sachs to price callable step-up notes with 3.25% initial rate
By Wendy Van Sickle
Columbus, Ohio, Jan. 17 – Goldman Sachs Group, Inc. plans to price callable step-up fixed-rate notes due July 2021, according to a 424B2 filing with the Securities and Exchange Commission.
The coupon is 3.25% for the first two years, stepping up to 4% in January 2021. Interest is payable semiannually.
The payout at maturity will be par.
The notes will be callable at par quarterly beginning in July 2019.
Goldman Sachs & Co. is the agent.
The notes (Cusip: 38150AC45) are expected to price and settle in January.
© 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.