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Goldman Sachs Issues $13.968 Million Unsecured Corporate Bond

Guavy AI Editorial Team
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The Goldman Sachs Group, Inc. issued a 5.0% bond due on May 14, 2031, with a total commitment amount of $13.968 million from underwriters Goldman Sachs & Co. LLC and InspereX LLC.

The bond has no inflation protection and is unsecured, meaning it does not have any assets backing it up in case the issuer defaults.

According to Standard & Poor's (S&P), the bond's credit rating was downgraded to 680 from 690 on October 14, 2023, with a stable outlook. Fitch Ratings also downgraded the bond's credit rating to 720 from 730 on September 17, 2017.

The Goldman Sachs Group, Inc. is the issuer of this corporate bond, which has a seniority level of 'Senior' and a pledge status of 'Unsecured.'

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