Goldman Sachs Group 6.375% Fixed to Floating Non Cumulative Preferred Stock
By: Tim McPartland,
Date of Issue 4/21/2014
Shares Sold 28,000,000 with 4,200,000 for overallotment
S&P Rating BB+ Moodys Rating Ba1
Security Ticker Symbol GS-K OTC Temp Ticker GSSCL
Market Traded ON NYSE
Dividend Payment Paid on the 10th of February, May, August and November beginning on 08/10/2014
Quarterly Dividend .399 Annual Dividend 1.593 (Fixed Until 5/10/2024)
Floating Dividend Starting 5/10/2024 3 month Libor plus 3.55%
Securities may be redeemed, at the issuers option, as early as 05/10/2024 for a redemption price of $25/share plus accrued dividends
Dividend Payment Will Likely be a Qualified Distributions
Maturity Date None
Company Investor Relations Page for Goldman Sachs
Below you can find the offering Prospectus and Final Pricing Document
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