New Issue: Goldman Sachs sells $30 million callable floating- and fixed-rate notes

By Wendy Van Sickle

Columbus, Ohio, April 29 – Goldman Sachs Group, Inc. priced $30 million of callable floating- and fixed-rate notes due April 24, 2029, according to a 424B2 filing with the Securities and Exchange Commission.

The initial interest rate will SOFR plus a spread of 100 basis points, subject to minimum rate of 0.5%. Starting Oct. 24, 2025, the rate will convert to a fixed rate of 6%. Interest is payable quarterly.

The notes are callable in whole only on any payment date starting on Oct. 24, 2025.

The payout at maturity will be par.

Goldman Sachs & Co. is the agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Callable floating- and fixed-rate notes
Amount:	$30 million
Maturity:	April 24, 2029
Coupon:	SOFR plus 100 bps initially, 0.5% floor, starting on Oct. 24, 2025, 6% fixed rate; payable quarterly
Price:	Par
Payout at maturity:	Par
Call:	In whole only on any payment date starting on Oct. 24, 2025
Pricing date:	April 22
Settlement date:	April 24
Underwriter:	Goldman Sachs & Co.
Fees:	0.3%
Cusip:	38150AZW8

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