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Goldman Sachs sells $1 bln non-FDIC notes in reopen-IFR

Wed May 27, 2009 10:37pm IST
 
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NEW YORK, May 27 (Reuters) - Goldman Sachs Group Inc (GS.N: Quote, Profile, Research) sold $1 billion in a reopening of an existing 7.50 percent 10-year note issue on Wednesday, said a IFR, a Thomson Reuters service.

The notes were priced to yield 337.5 basis points over comparable U.S. Treasuries. The issue is not guaranteed under the Federal Deposit Insurance Corp's temporary liquidity guarantee program.

The amount of the original notes was $2 billion.

Goldman Sachs is the sole bookrunner on the offering. (Reporting by Pam Niimi; editing by Jeffrey Benkoe)

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