154 Goldman Sachs, according to a source familiar with the transaction, successfully issued $2 billion in three-year floating-rate notes on Thursday. The offering consisted of two parts: a $500 million portion with a coupon rate set at 0.08 percentage points above the one-month London interbank offered rate (LIBOR), and a larger $1.5 billion tranche with a coupon rate of 0.08 percentage points above the three-month LIBOR. Both tranches of these notes will mature on November 16, 2009. The issuance was managed exclusively by Goldman Sachs, showcasing their role as the sole lead manager for the transaction. This move highlights Goldman Sachs’ strategy in the current financial market, leveraging floating-rate notes to meet investor demand and optimize their financing activities. You Might Be Interested In “We’ll buy from whoever we have to,” Oil Minister On EU price ceiling Amazon on the Verge of $2 Trillion Club: AI and Cloud Powering Growth Emirates Fined $1.5 Million for Airspace Violation UAE Engages in $22 Billion Deal for Egypt Coastline Acquisition Citizenship Eased for Minority Groups from 3 Nations Microsoft Injects AI into Customer Service with New Tools
