Goldman Sachs Issues Corporate Bond with 5.5% Coupon
Goldman Sachs Group, Inc. issued a corporate bond, GS5781493, with a 5.5% coupon and a maturity date of March 28, 2034.
The bond's credit risk assessment shows that it is rated 680 by S&P, which means it has a relatively low credit risk.
Goldman Sachs & Co. LLC and InspereX LLC served as underwriters for the bond, committing $6.25 million each.
The bond does not have inflation protection and is an unsecured senior issue, meaning that it ranks higher in priority than other debts if Goldman Sachs defaults.
The credit rating of Goldman Sachs Group, Inc. has been stable over time, with ratings ranging from 680 to 730 by S&P since 2009.