Goldman, Wells Fargo kick off dollar-bond sales after earnings

Goldman Sachs Group Inc and Wells Fargo & Co are tapping the US high-grade bond market on Thursday, an expected rush of debt offerings from big Wall Street firms after releasing fourth-quarter results.

Goldman Sachs is selling notes in as many as six tranches spanning three to 21 years, according to a person with direct knowledge of the matter. Initial pricing discussions call for a 1.05 percentage-point premium above Treasures on the longest tenor, said the person, who asked not to be identified because they're not authorised to speak publicly.

Wells Fargo is offering bonds in as many as four parts, with tenors of four to 21 years, another person said. Initial price talk is for a spread of 0.95 to 1 percentage point over Treasuries on the longest tranche, that person added.