8-KExhibits & Filings

GOLDMAN SACHS GROUP INC 8-K Report, Exhibit Filing (Jun 29, 2011)

Filed June 29, 2011For Securities:GSGS-PAGS-PCGS-PDGSCE

Summary

This 8-K filing by The Goldman Sachs Group, Inc. (GS) reports on the issuance of new debt securities on June 29, 2011. Specifically, the company issued $1.89 billion in Leveraged Buffered Basket-Linked Notes due 2013. These notes are linked to a weighted basket comprising the S&P 500 Index and the MSCI EAFE Index, suggesting a strategy to offer investors exposure to global equity markets with a specific risk and return profile. For investors, this issuance indicates Goldman Sachs' ongoing activity in the structured products market, leveraging its shelf registration statement on Form S-3. The filing includes legal opinions and consents related to the issuance, underscoring the regulatory compliance and legal framework surrounding these financial instruments. Investors interested in the company's debt offerings or structured products should note the specific terms and underlying assets of these notes as potential components of their portfolio or as indicators of the firm's capital markets activities.

Key Highlights

  • 1Goldman Sachs Group, Inc. (GS) issued $1.89 billion in new debt securities on June 29, 2011.
  • 2The new debt issuance consists of Leveraged Buffered Basket-Linked Notes due 2013.
  • 3These notes are linked to a weighted basket of the S&P 500 Index and the MSCI EAFE Index.
  • 4The issuance was made under the company's automatic shelf registration statement on Form S-3.
  • 5The filing includes supporting legal documentation, such as opinions and consents from Sullivan & Cromwell LLP.
  • 6This event signifies continued activity in Goldman Sachs' debt capital markets and structured products offerings.

Frequently Asked Questions

Goldman Sachs issued $1.89 billion in Leveraged Buffered Basket-Linked Notes due 2013. These are structured debt products whose returns are linked to the performance of a basket of equity indices.

The notes are linked to a weighted basket comprised of the S&P 500 Index (representing U.S. large-cap equities) and the MSCI EAFE Index (representing developed market equities in Europe, Australasia, and the Far East).

The debt was issued pursuant to Goldman Sachs' automatic shelf registration statement on Form S-3 (File No. 333-154173), a common mechanism for established public companies to efficiently offer new securities.

The filing includes an opinion from Sullivan & Cromwell LLP regarding the issuance, along with their consent, which is incorporated as part of the opinion exhibit.