8-KExhibits & Filings

GOLDMAN SACHS GROUP INC 8-K Report, Exhibit Filing (Jun 15, 2011)

Filed June 15, 2011For Securities:GSGS-PAGS-PCGS-PDGSCE

Summary

This 8-K filing from Goldman Sachs Group, Inc. (GS) on June 15, 2011, primarily serves to report the issuance of new debt securities. Specifically, the company has issued $2.95 million in Leveraged Buffered Index-Linked Notes due 2012, linked to the MSCI EAFE Index, and $6.815 million in similar notes due 2013, linked to the S&P 500® Index. These issuances were made under the company's existing automatic shelf registration statement on Form S-3. The filing includes legal opinions and consents from Sullivan & Cromwell LLP, which are customary for such debt offerings. For investors, this report indicates ongoing capital markets activity and the company's continued ability to access funding through various debt instruments. The nature of these notes, being index-linked and leveraged with a buffer, suggests an offering tailored to specific investor appetites for structured products with defined risk-return profiles tied to equity market performance.

Key Highlights

  • 1Goldman Sachs issued $2.95 million in Leveraged Buffered Index-Linked Notes due 2012, linked to the MSCI EAFE Index.
  • 2Goldman Sachs issued $6.815 million in Leveraged Buffered Index-Linked Notes due 2013, linked to the S&P 500® Index.
  • 3The debt securities were issued on June 15, 2011.
  • 4The issuances were conducted under the company's existing automatic shelf registration statement on Form S-3.
  • 5The filing includes legal opinions and consents from Sullivan & Cromwell LLP.
  • 6This filing signals continued access to capital markets for Goldman Sachs.

Frequently Asked Questions

The main purpose of this 8-K filing is to report the issuance of new debt securities by Goldman Sachs Group, Inc. and to provide the necessary legal documentation related to these offerings.

Goldman Sachs issued $2.95 million of Leveraged Buffered Index-Linked Notes due 2012 (linked to the MSCI EAFE Index) and $6.815 million of Leveraged Buffered Index-Linked Notes due 2013 (linked to the S&P 500® Index).

These notes were issued under Goldman Sachs' automatic shelf registration statement on Form S-3, which allows for the continuous offering of securities.

These are structured financial products where the return is linked to the performance of a specific stock market index (like the MSCI EAFE or S&P 500). They typically offer leveraged exposure (meaning potential for amplified gains, but also losses) and a 'buffer' which provides some protection against initial losses up to a certain percentage. The specific terms of leverage and buffer would be detailed in the prospectus supplement, not fully described in this 8-K.