trending Market Intelligence /marketintelligence/en/news-insights/trending/CFz2N1j4oe0x8ESq7HmawA2 content esgSubNav
In This List

Goldman Sachs issues $5B of notes

Blog

Latin American and Caribbean Market Considerations Blog Series: Focus on LGD

BLOG

Banking Essentials Newsletter: June Edition

Case Study

กรณีศึกษา A Bank Takes its Project Finance Assessments to a New Level

Blog

Financial Institutions Factor Transition Risk into Climate-Related Stress Testing


Goldman Sachs issues $5B of notes

Goldman Sachs Group Inc. issued $750 million of floating-rate notes due 2023, $1.75 billion of 2.91% fixed- to floating-rate notes, and $2.50 billion of 3.69% fixed- to floating-rate notes, according to a regulatory filing.

The 2.91% fixed- to floating-rate notes are due June 5, 2023. The notes will initially bear interest at an annual rate of 2.91%, payable semiannually. From June 5, 2022, the notes will bear interest at an annual rate of 1.05% above the London Interbank Offered Rate, or LIBOR, which is payable quarterly beginning Sept. 5, 2022.

The 3.69% fixed- to floating-rate notes are due June 5, 2028. The notes will initially bear interest at an annual rate of 3.69%, payable semiannually. From June 5, 2027, the notes will bear interest at an annual rate of 1.51% above LIBOR, which is payable quarterly beginning Sept. 5, 2027.

The Bank of New York Mellon is serving as the trustee for the transaction.