other material
confidence high
sentiment neutral
materiality 0.50
Goldman Sachs creates 6.850% Fixed-Rate Reset Non-Cumulative Preferred Stock, Series Z
GOLDMAN SACHS GROUP INC
- On Jan 21, 2025, filed Certificate of Designations for Series Z Preferred Stock, liquidation preference $25,000 per share.
- Series Z carries a 6.850% Fixed-Rate Reset rate, non-cumulative.
- If Goldman fails to pay Series Z dividends, it cannot declare dividends on or repurchase common stock.
- Depositary shares representing interests in Series Z offered under existing Form S-3 registration (File No. 333-269296).