Goldman Extends Borrowing Run With $6.5 Billion Bond Sale

The Goldman Sachs headquarters in New York.

Photographer: Michael Nagle/Bloomberg

Goldman Sachs Group Inc. raised $6.5 billion from a US investment-grade bond sale, extending a borrowing spree that included a record debt offering earlier this year.

The dealBloomberg Terminal tested investor appetite after a surprise drop in the investment bank’s bond-trading revenue overshadowed stronger-than-expected first-quarter earnings, sending its shares lower.