Preferred Stock Channel
Goldman Sachs Group Inc | Floating Rate Non-Cumulative Preferred Stock, Series D (GS.PRD)

Prospectus excerpt:  Each of the 30,000,000 depositary shares offered hereby represents a 1/1,000th ownership interest in a share of perpetual Floating Rate Non-Cumulative Preferred Stock, Series D (ÙSeries D Preferred Stockˆ), $25,000 liquidation preference per share, of The Goldman Sachs Group, Inc., deposited with JPMorgan Chase Bank, N.A., as depositary. The depositary shares are evidenced by depositary receipts. As a holder of depositary shares, you are entitled to all proportional rights and preferences of the Series D Preferred Stock (including dividend, voting, redemption and liquidation rights). You must exercise such rights through the depositary.

Holders of Series D Preferred Stock will be entitled to receive dividend payments only when, as and if declared by our board of directors or a duly authorized committee of the board. Any such dividends will be payable from the date of original issue on a non-cumulative basis, quarterly in arrears on the 10th day of February, May, August and November of each year, commencing on August 10, 2006, at a rate per annum equal to the greater of (1) 0.67% above LIBOR on the related LIBOR determination date or (2) 4.00%.

In the event dividends are not declared on Series D Preferred Stock for payment on any dividend payment date, then those dividends will not be cumulative and will cease to accrue and be payable. If we have not declared a dividend before the dividend payment date for any dividend period, we will have no obligation to pay dividends accrued for that dividend period, whether or not dividends on the Series D Preferred Stock are declared for any future dividend period.

The Series D Preferred Stock is not redeemable prior to May 24, 2011. On and after that date, the Series D Preferred Stock will be redeemable at our option, in whole or in part, at a redemption price of $25,000 per share (equivalent to $25 per depositary share), plus any declared and unpaid dividends. The Series D Preferred Stock will not have voting rights, except as set forth under ÙDescription of Series D Preferred Stock ? Voting Rightsˆ on page S-16.

Full Prospectus PDF », Secondary Prospectus PDF », GS Page »

Series:D
Alternate symbology:GS-D, GS-PD, GSprD
Redeemable?:Yes
Call Date:5/24/2011 (Now Trading Post Call Date)
Perpetual?:Yes
Cumulative?:No
Shares Offered:30,000,000
Overallotment:4,500,000
Liquidation Preference:$25.00
Recent Market Price:$22.93
Discount to Liquidation Preference:
(More Preferreds Trading at a Discount »)
$-2.07 (-8.28%)
Annualized Dividend:1.6452
Recent Ex-Date:1/25/2024
Current Yield:7.17%
Original Coupon:Greater of 0.67% above LIBOR on the related LIBOR determination date or 4.00%
Pay Period:Quarterly
Pay Dates:10-Feb, 10-May, 10-Aug, 10-Nov
CDx3 Compliance Rating: Learn GS.PRD's Rating
Goldman Sachs Group is a bank holding company and financial holding company. Co. operates in four business segments: Investment Banking, which is engaged in financial advisory, underwriting and corporate lending activities; Global Markets, which consists of Fixed Income, Currency and Commodities and Equities, and engaged in intermediation and financing activities; Asset Management, which is engaged in the management, equity investments, lending and debt investments; and Consumer and Wealth Management, which consists of Wealth management and Consumer banking, and engaged in the management and other fees, incentive fees, private banking and lending, and consumer-oriented activities.

Preferreds: JBK, PYT, GS.PRA, GS.PRB, GS.PRC, GS.PRD, GS.PRI, GS.PRJ, GS.PRK, GS.PRN


Open the GS Information Page »
Name:  Goldman Sachs Group Inc
Website:  www.goldmansachs.com
Sector:  Investment Brokerages
Number of ETFs Holding GS:  117 (see which ones)
Total Market Value Held by ETFs:  $18,858,584,099.21
Total Market Capitalization:  $132,237,000,000
% of Market Cap. Held by ETFs:  14.26%

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