8-KExhibits & Filings

GOLDMAN SACHS GROUP INC 8-K Report, Exhibit Filing (Jun 8, 2011)

Filed June 8, 2011For Securities:GSGS-PAGS-PCGS-PDGSCE

Summary

Goldman Sachs Group, Inc. (GS) filed an 8-K on June 8, 2011, to report on the issuance of new debt securities. The filing indicates that the company has issued $40,928,000 in Leveraged Buffered Basket-Linked Notes due 2012 and $3,946,000 in Leveraged Index-Linked Notes due 2012. These notes are linked to various major stock indices, including the EURO STOXX 50®, FTSE® 100, TOPIX®, and S&P 500® indices. The issuance of these securities was made under the company's existing automatic shelf registration statement on Form S-3. This filing serves to inform investors about these new debt obligations and their underlying reference assets. The inclusion of legal opinions and consents from Sullivan & Cromwell LLP as exhibits suggests the formal completion and legal backing of this debt issuance, providing a layer of assurance for investors.

Key Highlights

  • 1Goldman Sachs issued new debt securities on June 8, 2011.
  • 2Total principal amount of debt issued is approximately $44.874 million.
  • 3Issued securities include Leveraged Buffered Basket-Linked Notes due 2012 ($40,928,000) and Leveraged Index-Linked Notes due 2012 ($3,946,000).
  • 4Notes are linked to major equity indices: EURO STOXX 50®, FTSE® 100, TOPIX®, and S&P 500®.
  • 5The debt issuance was conducted under the company's automatic shelf registration statement on Form S-3.
  • 6Legal opinions and consents from Sullivan & Cromwell LLP are filed as exhibits.

Frequently Asked Questions

The primary purpose of this 8-K filing is to report the issuance of new debt securities by Goldman Sachs Group, Inc. and to provide necessary accompanying exhibits, such as legal opinions, related to this issuance.

The debt securities issued include Leveraged Buffered Basket-Linked Notes and Leveraged Index-Linked Notes, both due in 2012. These notes are linked to the performance of specific major stock market indices, meaning their returns or payouts are tied to how these indices perform.

These securities were issued under Goldman Sachs' automatic shelf registration statement on Form S-3 (File No. 333-154173), a common mechanism for large, established companies to efficiently register securities for future sale.

The filed exhibits, specifically the opinion and consent from Sullivan & Cromwell LLP, are legal documentation confirming the validity and compliance of the debt issuance. This provides investors with assurance regarding the legal standing of the securities.