GS Finance Corp. Files FWP for New Securities Offering

TL;DR

**GS Finance Corp. just dropped an FWP, likely signaling a new securities offering.**

AI Summary

GS Finance Corp. filed a Free Writing Prospectus (FWP) on March 24, 2026, under SEC Accession No. 0001193125-26-122248. This filing, related to their business as a security broker and dealer, provides additional offering information outside of the main prospectus. For investors, this matters because FWPs often contain specific details about new securities offerings, such as terms, risks, or pricing, which can influence investment decisions and the company's capital structure.

Why It Matters

This FWP indicates GS Finance Corp. is likely preparing or executing a new securities offering, which could impact their financial leverage and future earnings.

Risk Assessment

Risk Level: low — This filing is administrative and informational, not indicating any immediate financial distress or significant new risk.

Analyst Insight

Investors should monitor subsequent filings from GS Finance Corp. for the full prospectus or pricing supplements to understand the specific terms and potential impact of the securities offering hinted at by this FWP.

Key Players & Entities

• GS Finance Corp. (company) — the filer and subject of the FWP
• The Goldman Sachs Group, Inc. (company) — parent company and mailing/business address provider
• 2026-03-24 (date) — the filing date of the FWP
• 0001419828 (person) — CIK for GS Finance Corp.

FAQ

Key Financial Figures

• $885 — pricing date is expected to be between $885 and $915 per $1,000 face amount. See th
• $915 — date is expected to be between $885 and $915 per $1,000 face amount. See the accompa
• $1,000 — xpected to be between $885 and $915 per $1,000 face amount. See the accompanying preli
• $1,000 m — e amount of your securities)  $1,000 minus: Underwriting discount: up to 0
• $1,490.50 — st 49.05% of the face amount at least $1,490.50 July 17, 2029 at least 53.138% of t
• $1,531.38 — t 53.138% of the face amount at least $1,531.38 October 17, 2029 at least 57.225% o
• $1,572.25 — t 57.225% of the face amount at least $1,572.25 January 17, 2030 at least 61.313% o
• $1,613.13 — t 61.313% of the face amount at least $1,613.13 April 17, 2030 at least 65.40% of t
• $1,654.00 — st 65.40% of the face amount at least $1,654.00 July 17, 2030 at least 69.488% of t
• $1,694.88 — t 69.488% of the face amount at least $1,694.88 October 17, 2030 at least 73.575% o
• $1,735.75 — t 73.575% of the face amount at least $1,735.75 January 17, 2031 at least 77.663% o
• $1,776.63 — t 77.663% of the face amount at least $1,776.63 April 17, 2031 at least 81.75% of t
• $1,817.50 — st 81.75% of the face amount at least $1,817.50 July 17, 2031 at least 85.838% of t
• $1,858.38 — t 85.838% of the face amount at least $1,858.38 October 17, 2031 at least 89.925% o
• $1,899.25 — t 89.925% of the face amount at least $1,899.25 January 20, 2032 at least 94.013% o

Filing Documents

• bxca0009_fwp_gsfc.htm (FWP) — 92KB
• img1249771_0.jpg (GRAPHIC) — 3KB
• img1249771_1.jpg (GRAPHIC) — 126KB
• img1249771_2.jpg (GRAPHIC) — 11KB
• 0001193125-26-122248.txt ( ) — 286KB

Risk Factors

Risk Factors An investment in the securities is subject to risks. Many of the risks are described in the accompanying preliminary pricing supplement, accompanying WFS product supplement no. 9, accompanying prospectus supplement and accompanying prospectus. Below we have provided a list of risk factors discussed in the accompanying preliminary pricing supplement (but not those discussed in the accompanying WFS product supplement no. 9, accompanying prospectus supplement and accompanying prospectus). In addition to the below, you should read in full “Selected Risk Considerations” in the accompanying preliminary pricing supplement, “Risk Factors” in the accompanying WFS product supplement no. 9, as well as the risks and considerations described in the accompanying prospectus supplement and accompanying prospectus. The following risk factors are discussed in greater detail in the accompanying preliminary pricing supplement: Risks Related to Structure, Valuation and Secondary Market Sales • Your Securities Are Subject to Automatic Redemption • Your Securities Do Not Bear Interest • The Market Value of Your Securities May Be Influenced By Many Unpredictable Factors • We Will Not Hold Shares of the Underlying Stock for Your Benefit • You Have No Shareholder Rights or Rights to Receive the Underlying Stock Risks Related to Tax • Certain Considerations for Insurance Companies and Employee Benefit Plans • The Tax Consequences of an Investment in Your Securities Are Uncertain • Foreign Account Tax Compliance Act (FATCA) Withholding May Apply to Payments on Your Securities, Including as a Result of the Failure of the Bank or Broker Through Which You Hold the Securities to Provide Information to Tax Authorities • The Estimated Value of Your Securities At the Time the Term

View Full Filing

View this FWP filing on SEC EDGAR