Goldman Sachs Announces Redemption of the Fixed and Floating Rate Subordinated Notes Due April 19, 2022

NEW YORK, NY, February 21, 2017, The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it will redeem all of the issued and outstanding Fixed And Floating Rate Subordinated Notes due April 19, 2022 (the “Notes”) on April 19, 2017 (the “Redemption Date”). The Notes have an aggregate principal amount of CAD500,000,000.

The Notes will be redeemed for a redemption price equal to 100% of the principal amount of the Notes plus accrued and unpaid interest to but excluding the Redemption Date (together, the “Redemption Payment”). From and after the Redemption Date, all interest will cease to accrue on the Notes.

Investors in the Notes should contact the bank or broker through which they hold a beneficial interest in the Notes for information about obtaining the Redemption Payment for the Notes in which they have a beneficial interest.

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world. 

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