Goldman Sachs Issues Corporate Bond with 5.35% Coupon Rate
The Goldman Sachs Group, Inc. has issued a corporate bond with the ticker GSGR5797897, which carries a credit rating of 680 from Standard & Poor's and 700 from Fitch Ratings. The bond has a coupon rate of 5.35% and matures on April 30, 2027.
The issuer, Goldman Sachs Group, Inc., is headquartered in the United States and has a seniority level of 'Senior' for this bond issue. The credit enhancement type is listed as 'None', indicating that there are no additional measures in place to reduce the risk of default.
The bond does not offer inflation protection, making it vulnerable to changes in the general price level. According to Fitch Ratings, the outlook for Goldman Sachs Group, Inc.'s rating was revised to negative in 2020 due to concerns over the company's credit profile.