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المشهد العربي
Goldman Sachs plans new preferred shares
Goldman Sachs announced its intention to issue new preferred shares after their risk levels declined to their lowest since the global financial crisis, with expected yields between 6.75% and 6.875%, offering a higher spread over U.S. Treasury bonds. These shares will be offered on Monday, with a redemption option after five years, and the proceeds will be used to settle a financial obligation of $750 million in August.
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