Financing ·
The Goldman Sachs Group, Inc. announced a proposed public offering of depositary shares representing 1/25th interest…
GS-PAGoldman Sachs Group Inc
The Goldman Sachs Group, Inc. announced a proposed public offering of depositary shares representing 1/25th interest in its new Series AA Fixed-Rate Reset Non-Cumulative Preferred Stock. If the offering is priced and closes, the Company intends to use a portion of the net proceeds to redeem all outstanding 3.65% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series U. Goldman Sachs is a global investment banking, securities, and asset management firm.