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GS-J Goldman Sachs ADRs of 5.50% Fixed-to-Floating Rate Non-Cumulative Preferred, Series J

Dividends will be payable from the date of original issue on a non-cumulative basis, quarterly in arrears on the 10th day of February, May, August and November of each year, commencing on August 10, 2013. The Series J Preferred Stock will initially bear interest at a fixed rate per annum of 5.50% from the original issue date to, but excluding, May 10, 2023, and will bear interest thereafter at a floating rate per annum equal to three-month U.S. dollar LIBOR plus 3.64% on the related LIBOR determination date. We may, at our option, redeem the shares of Series J Preferred Stock (i) in whole or in part, from time to time, on or after May 10, 2023, at a redemption price of $25,000 per share (equivalent to $25 per depositary share), plus accrued and unpaid dividends for the then-current dividend period to but excluding the redemption date, whether or not declared.   This security was issued by Goldman Sachs Group Inc, whose common stock symbol is GS.

$24.60  +0.10 (0.41%)
As of 03/27/2023 12:38:31 EST     IEX book   CBOE book


Security Information
Category1:  US Equity
Category2:  Preferred stocks
Category3:  Non-convertible
GICS sector:  Financials
Industry:  Capital Markets
Index country:  USA
Country of incorporation:  USA
IPO date:  04/22/2013
Outstanding shares:  40,000,000
Average volume:  41,704
Market cap:   $982,400,000
Current dividend yield:  5.60%    calculation
Initial coupon rate:    5.000%
Spread to LIBOR: 0.036400
Cumulative:    No
Liquidation value:   $25.00
Callable after:   05/10/2023
Maturity date:    n/a - perpetual
Prospectus:    Read on SEC.gov
All SEC filings:     SEC Edgar Online
Quarterly filings:   10-Q
Annual filings:      10-K
Sedol:      B96KM33

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