Bloomberg News

Goldman Sachs Said to Start Marketing Sale of Samurai Bonds

February 15, 2012

Feb. 15 (Bloomberg) -- Goldman Sachs Group Inc. started marketing a sale of at least 50 billion yen of Samurai bonds planned for Feb. 17, according to three people familiar with the matter.

The U.S. brokerage told investors it will price five-year bonds to yield between 180 basis points and 195 more than the yen swap rate, said the people, asking not to be identified as the information is private.

Goldman Sachs also plans to sell the same-maturity floating-rate notes yielding between 195 basis points and 210 more than the three-month London interbank offered rate for the yen, the people said.

To contact the reporter on this story: Yusuke Miyazawa in Tokyo at ymiyazawa3@bloomberg.net

To contact the editor responsible for this story: Katrina Nicholas at knicholas2@bloomberg.net


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