Goldman Sachs Group Inc. has disclosed the final results for its tender offer to purchase for cash up to $1 billion aggregate principal amount of its outstanding 6.450% subordinated notes due 2036 and 5.950% subordinated notes due 2027.
About $1.22 billion in combined aggregate principal amount of the notes was validly tendered and not validly withdrawn before 11:59 p.m. ET on June 6, the expiration date.
The company has accepted for purchase all 6.450% notes validly tendered and not validly withdrawn, and about 47.02% of all 5.950% notes validly tendered and not validly withdrawn.
Goldman Sachs & Co. LLC acted as the dealer manager and Global Bondholder Services Corp. acted as the information agent and depository for the offer.