Goldman Sachs Announces Redemption of 2.75% Notes due September 15, 2020 and Floating Rate Notes due September 15, 2020
NEW YORK, NY, July 16, 2020 -- The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it will redeem all of the issued and outstanding 2.75% Notes due September 15, 2020 (CUSIP No. 38141GVP6) (the “2.75% Notes”) and all of the issued and outstanding Floating Rate Notes due September 15, 2020 (CUSIP No. 38141GVQ4) (the “Floating Rate Notes” and together with the 2.75% Notes, the “Notes”) on August 15, 2020 (the “Redemption Date”). The 2.75% Notes have an aggregate principal amount of $2,000,000,000 and the Floating Rate Notes have an aggregate principal amount of $1,000,000,000.
Each series of Notes will be redeemed for a redemption price equal to 100% of the principal amount of such series of 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 each series of the Notes.
Investors in each series of 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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