Goldman Sachs Issues $5.1% Bond with Limited Protection

The Goldman Sachs Group, Inc. issued a 5.1% bond on February 12, 2036. The bond has a rating of 680 from Standard & Poor's (S&P) and 700 from Fitch Ratings.

The bond is non-protected against inflation, which means its value may decline if the purchasing power of money decreases. It also carries no seniority level protection, meaning that in case of default, it would have a lower claim on assets than other bonds with higher priority.

The bond has several underwriters, including Goldman Sachs & Co. LLC and InspereX LLC, who committed to buying $20,500,000 worth of the bonds. The issuer is The Goldman Sachs Group, Inc., which is listed on the New York Stock Exchange (NYSE) under the ticker symbol GS.