'Deal pipeline building' as Goldman breaks summer silence in euros

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By David Freitas
14 Aug 2019

Goldman Sachs was set to price a new euro-denominated bond on Wednesday, the first unsecured transaction from a financial institution in about two weeks. With demand peaking at €2.7bn, the issuance could encourage other issuers to follow suit.

Acting as sole bookrunner, Goldman Sachswent out with initial price thoughts of 90bp area over mid-swaps.

Demand for the five year senior bond reached €2.5bn when Goldman released guidance of 70bp-75bp.

The issuer sized the transaction at €1bn on the back of €2.7bn of demand, launching ...

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