ISIN.net news update courtesy of Reuters. Multinational investment banking firm, Goldman Sachs (ISIN Code: US38141G1040), has released information regarding their dual tranche deal.
Following are terms and conditions of an FRN priced on Monday.
Borrower The Goldman Sachs Group, Inc.
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Tranche 1
Issue Amount 1.0 billion euro
Maturity Date July 26, 2022
Coupon 1.375 pct
Issue price 99.235
Reoffer price 99.235
Spread 100 basis points
Underlying govt bond Over Mid-swaps, equivalent to 135.5bp
Over the 1.75 pct July 2022 DBR
ISIN XS1173845436
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Tranche 2
Issue Amount 300 million euro
Maturity Date July 26, 2022
Coupon 3-month Euribor + 100bp
Issue price 99.273
Reoffer price 99.273
Discount Margin 3-month Euribor + 110bp
ISIN XS1173867323
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Common terms
Payment Date January 26, 2015
Lead Manager(s) Banca IMI, BBVA, CaixaBank, Credit Agricole CIB,
Danske Bank, Natixis, NORD/LB, UniCredit, Mizuho,
SMBC Nikko & Goldman Sachs International
Ratings Baa1 (Moody’s)
Listing Lux
Full fees Undisclosed
Denoms (K) 1
Notes Launched under issuer’s EMTN programme security details and RIC, when available, will be on customers can right-click on the code for performance analysis of this new issue for ratings information, double click on for all bonds data, double click on for Top international bonds news for news about this issuer, double click on the issuer RIC, where assigned, and hit the newskey