Search
 

Goldman, Wells Fargo Sell Bonds

Yields on investment-grade corporate debt hit record lows.

By Zeke Faux, Bloomberg | Updated on April 30, 2012

Goldman Sachs Group Inc., Wells Fargo & Co. and Colgate-Palmolive Co. sold bonds as yields on highly rated corporate debt fell to record lows.

Goldman Sachs, the fifth-biggest U.S. bank by assets, issued $2 billion of 3.3 percent, three-year notes, while San Francisco-based Wells Fargo issued $1.5 billion of 2.1 percent, five-year securities, according to data compiled by Bloomberg. Colgate, the world’s largest toothpaste maker, sold $500 million of 2.3 percent, 10-year notes.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.