Goldman Sachs Files 8-K on Preferred Securities

TL;DR

GS filed an 8-K on Nov 19th detailing preferred securities and notes.

AI Summary

Goldman Sachs Group Inc. filed an 8-K on November 19, 2024, related to its 5.793% Fixed-to-Floating Rate Normal Automatic Preferred Enhanced Capital Securities of Goldman Sachs Capital II. The filing also references various other preferred stock and medium-term note series issued by Goldman Sachs and its finance corporation.

Why It Matters

This filing provides an update on specific financial instruments issued by Goldman Sachs, which can impact investors holding these securities or those interested in the company's capital structure.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of financial instruments and does not indicate any immediate operational or financial distress.

Key Numbers

• 5.793% — Fixed Rate (Interest rate for preferred securities)

Key Players & Entities

• GOLDMAN SACHS GROUP INC (company) — Filer
• Goldman Sachs Capital II (company) — Issuer of securities
• 5.793% Fixed-to-Floating Rate Normal Automatic Preferred Enhanced Capital Securities (dollar_amount) — Specific security mentioned
• 2024-11-19 (date) — Filing date

FAQ

Key Financial Figures

• $3,000,000,000 — ended, the "Registration Statement"): $3,000,000,000 5.561% Fixed/Floating Rate Notes due 20

Filing Documents

• d889584d8k.htm (8-K) — 36KB
• d889584dex51.htm (EX-5.1) — 9KB
• 0001193125-24-261736.txt ( ) — 245KB
• gs-20241119.xsd (EX-101.SCH) — 6KB
• gs-20241119_def.xml (EX-101.DEF) — 16KB
• gs-20241119_lab.xml (EX-101.LAB) — 28KB
• gs-20241119_pre.xml (EX-101.PRE) — 17KB
• d889584d8k_htm.xml (XML) — 14KB

From the Filing

8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 19, 2024 The Goldman Sachs Group, Inc. (Exact name of registrant as specified in its charter) Delaware No. 001-14965 No. 13-4019460 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.) 200 West Street , New York , N.Y. 10282 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (212) 902-1000 N/A (Former name or former address, if changed since last report.) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: [] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) [] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) [] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Exchange on which registered Common stock, par value $.01 per share GS NYSE Depositary Shares, Each Representing 1/1,000th Interest in a Share of Floating Rate Non-Cumulative Preferred Stock, Series A GS PrA NYSE Depositary Shares, Each Representing 1/1,000th Interest in a Share of Floating Rate Non-Cumulative Preferred Stock, Series C GS PrC NYSE Depositary Shares, Each Representing 1/1,000th Interest in a Share of Floating Rate Non-Cumulative Preferred Stock, Series D GS PrD NYSE 5.793% Fixed-to-Floating Rate Normal Automatic Preferred Enhanced Capital Securities of Goldman Sachs Capital II GS/43PE NYSE Floating Rate Normal Automatic Preferred Enhanced Capital Securities of Goldman Sachs Capital III GS/43PF NYSE Medium-Term Notes, Series F, Callable Fixed and Floating Rate Notes due March 2031 of GS Finance Corp. GS/31B NYSE Medium-Term Notes, Series F, Callable Fixed and Floating Rate Notes due May 2031 of GS Finance Corp. GS/31X NYSE Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 under the Securities Act (17 CFR 230.405) or Rule 12b-2 under the Exchange Act (17 CFR 240.12b-2). Emerging growth company [] If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.[] Item9.01 Financial Statements and Exhibits. Exhibits are filed herewith in connection with the issuance of the following debt securities by The Goldman Sachs Group, Inc. (the "Company") on November 19, 2024 pursuant to the Company's shelf registration statement on Form S-3 (File No. 333-269296) (as amended, the "Registration Statement"): $3,000,000,000 5.561% Fixed/Floating Rate Notes due 2045 (the "Securities") (d) Exhibits The following exhibits are filed as part of this Current Report on Form 8-K and Exhibits 5.1 and 23.1 are incorporated by reference into the Registration Statement as exhibits thereto: 5.1 Opinion of Sullivan & Cromwell LLP relating to the Securities. 23.1 Consent of Sullivan & Cromwell LLP (included as part of Exhibit 5.1). 101 Pursuant to Rule 406 of Regulation S-T, the cover page information is formatted in iXBRL (Inline eXtensible Business Reporting Language). 104 Cover Page Interactive Data File (formatted in iXBRL in Exhibit 101). SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE GOLDMAN SACHS GROUP, INC. (Registrant) Date: November 19, 2024 By: /s/ Matthew E. Tropp Name: Matthew E. Tropp Title: Assistant Secretary

View Full Filing

View this 8-K filing on SEC EDGAR