8-KExhibits & Filings

GOLDMAN SACHS GROUP INC 8-K Report, Exhibit Filing (Jul 21, 2011)

Filed July 21, 2011For Securities:GSGS-PAGS-PCGS-PDGSCE

Summary

This Form 8-K filing by The Goldman Sachs Group, Inc. (GS) on July 21, 2011, primarily pertains to the filing of a prospectus supplement and the issuance of debt securities. Specifically, the company is facilitating the sale of 96,348 shares of common stock by selling shareholders, in accordance with a prior automatic shelf registration statement. This action allows for the subsequent sale of these shares by existing holders. Furthermore, the filing details the issuance of two tranches of buffered basket-linked notes. These are $3,600,000 in notes due 2012, linked to a basket of the S&P 500 Index and the MSCI EAFE Index, and $5,100,000 in notes due 2013, linked to a basket of the Russell 2000 Index and the S&P 500 Index. These issuances are also conducted under existing shelf registration statements, indicating ongoing capital market activities for Goldman Sachs.

Key Highlights

  • 1Goldman Sachs is enabling the sale of 96,348 shares of its common stock by selling shareholders via a prospectus supplement.
  • 2The sale of these shares is being conducted under the company's existing automatic shelf registration statement on Form S-3.
  • 3Goldman Sachs issued $3,600,000 of Buffered Basket-Linked Notes due 2012.
  • 4These 2012 notes are linked to a basket comprising the S&P 500 Index and the MSCI EAFE Index.
  • 5Goldman Sachs also issued $5,100,000 of Buffered Basket-Linked Notes due 2013.
  • 6The 2013 notes are linked to a basket comprising the Russell 2000 Index and the S&P 500 Index.
  • 7All debt issuances are made pursuant to the company's automatic shelf registration statement on Form S-3.

Frequently Asked Questions

The primary purpose of this filing is to report the filing of a prospectus supplement that allows for the sale of existing shares by selling shareholders, and to announce the issuance of new debt securities by Goldman Sachs.

The filing indicates that 'selling shareholders' are selling 96,348 shares of Goldman Sachs common stock. This means existing investors, rather than the company itself, are offering their shares for sale.

These are debt securities issued by Goldman Sachs. The 'Buffered' aspect suggests a feature protecting investors against a certain level of loss. The 'Basket-Linked' nature means their return is tied to the performance of a specific group (basket) of underlying assets. The notes due 2012 are linked to the S&P 500 and MSCI EAFE indices, while the notes due 2013 are linked to the Russell 2000 and S&P 500 indices.

No, the common stock being sold is by existing 'selling shareholders,' not a new issuance by Goldman Sachs. The debt securities are new issuances by the company, but they are debt instruments, not equity.