By Wendy Van Sickle
Columbus, Ohio, June 23 – Goldman Sachs Group, Inc. priced $53.65 million of floating-rate notes due July 21, 2023, according to a 424B2 filing with the Securities and Exchange Commission.
The interest rate is the two-year U.S. dollar SOFR ICE swap rate plus 25 basis points with a floor of 0.1% per annum. Interest is payable quarterly.
The payout at maturity will be par plus accrued and unpaid interest.
Goldman Sachs & Co. LLC and InspereX LLC are the agents.
| Issuer: | Goldman Sachs Group, Inc.
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| Issue: | Floating-rate notes
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| Underlying rate: | Two-year U.S. dollar SOFR ICE swap rate
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| Amount: | $53.65 million
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| Maturity: | July 21, 2023
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| Coupon: | Two-year U.S. dollar SOFR ICE swap rate plus 25 bps with a floor of 0.1% per annum, payable quarterly; rate resets quarterly
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| Price: | Par
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| Payout at maturity: | Par plus accrued and unpaid interest
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| Pricing date: | June 16
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| Settlement date: | June 21
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| Underwriters: | Goldman Sachs & Co. LLC and InspereX LLC
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| Fees: | 0.2%
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| Cusip: | 38150AN92
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