Goldman Sachs launches Series AA preferred stock offering, intends to redeem Series U

Filed July 20, 2026 · Period ending July 20, 2026 · ~1 min read

Key Changes

• medium

  Goldman Sachs announced a proposed public offering of depositary shares representing 1/25th interests in new Series AA preferred stock, with pricing and closing subject to market conditions.

  Item 8.01 verify on EDGAR →
• medium

  If the Series AA offering closes, the company intends to use a portion of proceeds to redeem all outstanding Series U preferred stock (3.65% fixed rate, $25,000 liquidation preference per share).

  Item 8.01 verify on EDGAR →
• low

  The filing explicitly notes no assurance the offering will price and close or that the Series U redemption will occur; this is not a formal redemption notice.

  Item 8.01 verify on EDGAR →