By Wendy Van Sickle
Columbus, Ohio, April 19 – Goldman Sachs Group, Inc. priced $100 million of fixed and floating rate notes due May 6, 2024, according to a 424B2 filing with the Securities and Exchange Commission.
The coupon will 6.25% for the first six months. After Oct. 5, 2023, interest will equal the one-year U.S. Dollar SOFR ICE swap rate plus 20 basis points, subject to a floor of 0.5%.
Interest is payable monthly.
The payout at maturity will be par.
Goldman, Sachs & Co. LLC and InspereX LLC are the agents.
| Issuer: | Goldman Sachs Group, Inc.
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| Issue: | Fixed and floating rate notes
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| Amount: | $100 million
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| Maturity: | May 6, 2024
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| Coupon: | 6.25% for first six months then one-year U.S. Dollar SOFR ICE swap rate plus 20 bps, with floor of 0.5%; payable monthly
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| Price: | Par
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| Payout at maturity: | Par
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| Pricing date: | March 31
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| Settlement date: | April 5
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| Underwriters: | Goldman, Sachs & Co. LLC and InspereX LLC
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| Fees: | 0.415%
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| Cusip: | 38150AS30
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