After a great performance, take advantage of the victory and chase! Goldman Sachs (GS.US) starts a new round of Eurobond financing after the $10 billion bond

The Zhitong Finance App learned that the day after announcing the financial report, Goldman Sachs Group (GS.US) launched a three-part Eurobond sale on Wednesday after issuing $10 billion in bonds in the US.

According to a person familiar with the matter, who asked not to be named, the US bank is seeking to raise at least 1.5 billion euros (about 1.7 billion US dollars) from this benchmark-sized deal. The bond is divided into two parts, a floating interest rate and a fixed interest rate, which can be redeemed for the first time after three years. There is also a fixed interest rate bond with a longer term, which can be redeemed after seven years.

Goldman Sachs has completed two of the largest bond sales among financial institutions this year. Data shows that in February of this year, Goldman Sachs raised 7 billion euros through four euro segments, which is the largest offering in the financial sector in the region in 2026. In January of this year, Goldman Sachs sold a record $16 billion in bonds, setting the record for the largest bond issuance in Bank of America's history.

On Tuesday, its three-part bond offering in the US attracted around $32 billion in investor offers at the peak of subscriptions.

Prior to that, Goldman Sachs broke its own Wall Street stock trading record. The stock trading revenue announced this quarter reached US$7.42 billion, which is more than the sum of the four quarters of 2019. At the same time, the fee income from its investment banking business also hit the highest level since 2021.

The person familiar with the matter mentioned above said that the initial pricing idea for floating interest rate notes was to add about 100 to 105 basis points to the 3-month interbank loan interest rate, while the sales guide price of fixed-rate bonds with a shorter term added about 90 to 95 basis points on top of the intermediate exchange rate swap. The portion of the sales guide price for the longest period is about 125 to 130 basis points added to the median exchange rate swap.

The bonds are expected to receive an A2 rating from Moody's, a BBB+ rating from S&P, and an A rating from Fitch. Goldman Sachs Group acted as the sole bookkeeper in this transaction.