8-KExhibits & Filings

GOLDMAN SACHS GROUP INC 8-K Report, Exhibit Filing (Sep 30, 2011)

Filed September 30, 2011For Securities:GSGS-PAGS-PCGS-PDGSCE

Summary

This 8-K filing by The Goldman Sachs Group, Inc. (GS) on September 30, 2011, primarily serves to disclose the issuance of debt securities. Specifically, the company issued $618,000 in Currency-Linked Notes due in 2014, which are linked to an equally weighted basket of exchange rates. This action was taken under the company's existing automatic shelf registration statement on Form S-3. From an investor's perspective, this filing indicates ongoing debt financing activities by Goldman Sachs. While the principal amount is relatively small, it highlights the company's strategy to diversify its funding sources and manage currency exposure through structured financial products. The inclusion of legal opinions and consents from Sullivan & Cromwell LLP underscores the formal and compliant nature of this debt issuance.

Key Highlights

  • 1Goldman Sachs Group, Inc. issued $618,000 in Currency-Linked Notes due in 2014.
  • 2The debt issuance is linked to an equally weighted basket of exchange rates.
  • 3The notes were issued on September 30, 2011.
  • 4The issuance was conducted under the company's automatic shelf registration statement on Form S-3.
  • 5The filing includes legal opinions and consents from Sullivan & Cromwell LLP.
  • 6This filing signifies ongoing debt financing activities by the company.

Frequently Asked Questions

The main purpose of this 8-K filing is to report the issuance of debt securities by The Goldman Sachs Group, Inc., specifically $618,000 in Currency-Linked Notes due in 2014.

These are debt securities whose return is linked to the performance of an equally weighted basket of exchange rates. They are a form of structured product that allows the issuer to manage currency exposure and potentially attract investors seeking specific risk-return profiles.

While the principal amount of $618,000 is relatively small in the context of a global financial institution like Goldman Sachs, it indicates ongoing capital markets activity and the use of varied financing instruments. It's a routine disclosure of debt issuance rather than a major financial event.

The Form S-3 is a simplified registration statement available to certain well-established public companies. Its use here indicates that Goldman Sachs has an existing shelf registration statement, allowing them to quickly and efficiently issue additional securities without filing a new registration statement for each offering.