8-KExhibits & Filings

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

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

Summary

This 8-K filing by The Goldman Sachs Group, Inc. (GS) on July 8, 2011, primarily serves to disclose the issuance of specific debt securities and related legal documentation. The company announced the issuance of $1,605,000 in Leveraged Buffered Basket-Linked Notes due 2015. These notes are linked to a basket of indices including the S&P 500®, MSCI EAFE Index, S&P MidCap 400®, and Russell 2000® Index. This filing is made in conjunction with the company's automatic shelf registration statement on Form S-3. Investors should note that this report focuses on the transactional aspect of issuing new debt rather than providing operational or financial performance updates. The key exhibits filed are the legal opinion and consent from Sullivan & Cromwell LLP regarding the issuance.

Key Highlights

  • 1Goldman Sachs Group, Inc. issued $1,605,000 in new debt securities on July 8, 2011.
  • 2The new debt is in the form of Leveraged Buffered Basket-Linked Notes due 2015.
  • 3The notes' performance is linked to a basket of four major stock market indices: S&P 500®, MSCI EAFE, S&P MidCap 400®, and Russell 2000®.
  • 4The issuance was conducted under the company's existing automatic shelf registration statement on Form S-3.
  • 5The filing includes a legal opinion from Sullivan & Cromwell LLP concerning the debt issuance.
  • 6This report primarily details a financing event, not a material business development or financial result.

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 related legal documentation, specifically an opinion and consent from its legal counsel, Sullivan & Cromwell LLP.

Goldman Sachs Group, Inc. issued $1,605,000 in Leveraged Buffered Basket-Linked Notes due 2015. The return on these notes is tied to a basket of four stock market indices.

The Leveraged Buffered Basket-Linked Notes due 2015 are linked to a basket comprised of the S&P 500® Index, the MSCI EAFE Index, the S&P MidCap 400® Index, and the Russell 2000® Index.

No, this particular 8-K filing does not provide information about Goldman Sachs' financial performance or business operations. It is focused solely on the issuance of a specific debt product and related legal opinions, filed as part of their shelf registration process.