The Goldman Sachs Group, Inc. files regulatory documents that cover operating results, material events, capital structure and corporate governance. Its 8-K filings document earnings releases, Regulation FD disclosures, debt and subordinated debt issuances under shelf registration statements, and changes involving directors or executive officers.
The filing record also identifies Goldman Sachs’ NYSE-listed common stock, preferred depositary shares, capital securities and medium-term notes issued by GS Finance Corp. Proxy materials disclose annual meeting matters, board governance, executive compensation and shareholder voting items, while registration-related exhibits document securities offerings and related terms.
The Goldman Sachs Group, Inc. is offering callable fixed rate notes due 2030 under its Medium-Term Notes, Series N program. The notes are expected to pay interest at 4.25% per annum from the original issue date, expected to be January 30, 2026, to the stated maturity date, expected to be January 30, 2030. Interest is expected to be paid annually on January 30, beginning January 30, 2027.
Goldman Sachs may redeem the notes at its option, in whole but not in part, on specified quarterly redemption dates on or after January 30, 2028, at 100% of principal plus accrued and unpaid interest. The notes will be issued in book-entry form through DTC, are not bank deposits, are not insured by any governmental agency, and will be subject to U.S. federal income taxation rules, including potential FATCA withholding.
The Goldman Sachs Group, Inc. is offering callable fixed rate notes due 2038 as part of its Medium-Term Notes, Series N program. The notes are expected to pay a fixed interest rate of 5.10% per annum from the original issue date, expected to be January 29, 2026, to the expected stated maturity date of January 29, 2038, with interest paid annually on January 29. The first interest payment is expected on January 29, 2027.
Goldman Sachs may redeem the notes at its option, in whole but not in part, at 100% of the outstanding principal amount plus accrued and unpaid interest, on specified quarterly redemption dates starting January 29, 2028, with at least five business days’ prior notice. The notes are senior unsecured debt obligations of The Goldman Sachs Group, Inc., are issued only in book-entry form through DTC, are not bank deposits, and are not insured by the FDIC or any other governmental agency.
GS Finance Corp., fully and unconditionally guaranteed by The Goldman Sachs Group, Inc., outlines general terms for its Series F medium‑term notes, which are "indexed debt securities" whose payments are linked to one or more stocks, indices or exchange‑traded funds, individually, in baskets or based on the lesser performer. A separate pricing supplement for each issuance will set the specific underlier(s), payoff formula, observation dates and any call or coupon features, and may be supplemented further by product and underlier supplements.
The document emphasizes that investors can lose all or substantially all of their principal, the notes may pay no interest or coupons, and returns will exclude any dividends or distributions on the underliers. It highlights credit risk to GS Finance Corp. and its guarantor, potential illiquidity and uncertain secondary market values, model‑based estimated values that are lower than issue price, and extensive calculation‑agent discretion, including in market disruption events and index or ETF changes. The supplement also notes conflicts of interest from Goldman Sachs’ trading, hedging and market‑making activities, as well as complex and uncertain U.S. tax treatment, including possible FATCA withholding.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering index-linked notes tied to the S&P 500® Futures 40% VT Adaptive Response 6% Decrement Index (USD) ER. The notes pay no fixed interest and may pay no coupons at all. Monthly coupons accrue at $4.042 per $1,000 face amount (0.4042% per month, about 4.85% per year) only when the index is at least 60% of its initial level on the relevant observation date.
The notes can be redeemed at the issuer’s option at par plus any due coupon on monthly dates from February 2027 through January 2031. If not redeemed, holders receive $1,000 per $1,000 face amount at maturity in February 2031 plus any final coupon. The underlying index uses up to 500% leverage, volatility targeting, calendar-based signals and a 6.0% per annum daily decrement, and is based on S&P 500® futures rather than the S&P 500® Index itself, which can magnify losses and cause underperformance versus cash equities.
Investors bear the unsecured credit risk of GS Finance Corp. and its guarantor. The estimated value at pricing is expected to be between $850 and $890 per $1,000 face amount, below the 100% issue price.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering autocallable contingent coupon index-linked notes due 2029 tied to the Nasdaq-100, Russell 2000 and S&P 500 indices. These notes can automatically redeem early if, on specified observation dates starting in 2026, each index is at or above its initial level, returning the $1,000 face amount per note plus any due coupon.
Investors may receive a contingent monthly coupon of $9.75 per $1,000 (0.975% monthly, up to 11.70% per year) only when each index closes at or above 70% of its initial level. If the notes are not called and, at final measurement in January 2029, any index is below 70% of its initial level, repayment is reduced based on the worst-performing index and investors can lose their entire principal.
The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and its parent guarantor. The estimated value at pricing is disclosed as lower than the original issue price due to underwriting discounts, fees and model-based factors, and there may be limited or no secondary market liquidity.
The Goldman Sachs Group, Inc. is issuing $14,750,000,000 of senior fixed/floating rate notes in four tranches maturing in 2029, 2032, 2037 and 2047. The 2029, 2032, 2037 and 2047 notes pay fixed coupons of 4.148%, 4.516%, 5.065% and 5.541% per year, respectively, on a semi-annual basis from January 21, 2026 until roughly one year before maturity.
During each final year the notes switch to a floating rate of Compounded SOFR plus 0.710%, 0.960%, 1.190% and 1.320%, with interest paid quarterly until maturity. The notes are offered at 100% of principal, with underwriting discounts ranging from 0.250% to 0.875%, providing proceeds before expenses of $3,740,625,000, $3,736,875,000, $4,479,750,000 and $2,725,937,500 for the four series.
Goldman Sachs may redeem the notes early, including tax-based redemptions at 100% of principal plus accrued interest, make-whole redemptions starting July 21, 2026, and par calls on specified dates near the start of each floating-rate period. The notes are senior unsecured obligations, not bank deposits and not insured by any governmental agency.
The Goldman Sachs Group, Inc. is issuing $750,000,000 floating rate notes due 2029 and $500,000,000 floating rate notes due 2032, both paying interest quarterly at Compounded SOFR plus a spread.
The 2029 notes pay Compounded SOFR plus 0.710% and mature on January 21, 2029, while the 2032 notes pay Compounded SOFR plus 0.960% and mature on January 21, 2032. Interest starts accruing from January 21, 2026 with the first payment on April 21, 2026, using an Actual/360 day-count convention.
Goldman Sachs may redeem the notes at 100% of principal plus accrued interest if it must pay additional amounts due to changes in U.S. withholding tax, and has par call rights on the 2029 notes from January 21, 2028 and on the 2032 notes from January 21, 2031 and specified dates thereafter. The notes are senior unsecured debt, issued as DTC global notes, not bank deposits and not insured by any governmental agency.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering auto-callable notes linked to the Russell 2000® Index, Nasdaq-100 Technology Sector Index and State Street® Utilities Select Sector SPDR® ETF. The notes pay no interest and may be automatically called starting on the January 29, 2027 observation date if all three underliers are at or above their initial levels, returning the $1,000 face amount per note plus a call premium that starts at 12% and steps up on later call dates.
If the notes are not called, they mature on the expected February 5, 2031 stated maturity date. At maturity, each $1,000 note pays $1,600 if every underlier is at or above its initial level, $1,000 if each is at or above 70% of its initial level, or a reduced amount based on the worst-performing underlier if any finishes below 70%, which can result in a substantial or total loss of principal. The notes are unsecured obligations subject to the credit risk of GS Finance Corp. and its parent, and their estimated value on the trade date is expected to be $885–$925 per $1,000 face amount.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering unsecured Trigger Autocallable GEARS notes linked to the Class A common stock of Robinhood Markets, Inc. The notes are issued in $10 denominations and may be automatically called on the January 28, 2027 call observation date if Robinhood’s share price is at or above the autocall barrier, set at 100% of the initial price. If called, investors receive $10 plus a call return expected to be between 38.70% and 40.70%.
If not called, at maturity in January 2029 investors get $10 plus 1.5 times any positive stock return. If the final stock price is between the initial price and a 75% downside threshold, principal is repaid. Below the threshold, repayment falls one-for-one with the stock, and investors can lose their entire investment. The notes pay no coupons, have limited liquidity, and are subject to the credit risk of GS Finance Corp. and Goldman Sachs. The estimated value on the trade date is expected to be $9.20–$9.50 per $10 face amount, below the issue price.
GS Finance Corp., guaranteed by The Goldman Sachs Group, Inc., is offering medium-term notes linked to Alphabet Class C, NVIDIA, Meta Platforms Class A and AMD common stock. The notes mature on February 3, 2031, but can be automatically called starting in January 2027 if the closing price of each stock on a call observation date is at or above its initial price, in which case holders receive the $1,000 face amount plus a coupon.
Monthly coupons depend on stock performance. If on a coupon observation date each stock closes at or above 80% of its initial price, the note pays a maximum coupon of $7.292 per $1,000 face amount (0.7292% monthly, about 8.75% per annum). If any stock closes below 80% of its initial price, the coupon drops to the minimum of $0.209 (0.0209% monthly, about 0.25% per annum). At maturity, holders receive $1,000 per note plus the final coupon.
The notes are unsecured obligations of GS Finance Corp., subject to the credit risk of both the issuer and guarantor, and are not bank deposits or FDIC insured. The estimated value on the trade date is expected to be between $850 and $890 per $1,000 face amount, reflecting structuring costs and dealer compensation, and secondary market prices may be lower and influenced by many market and credit factors.