8-KExhibits & Filings

GOLDMAN SACHS GROUP INC 8-K Report, Exhibit Filing (Nov 3, 2011)

Filed November 3, 2011For Securities:GSGS-PAGS-PCGS-PDGSCE

Summary

This Form 8-K filing by The Goldman Sachs Group, Inc. (GS) on November 3, 2011, primarily serves to disclose the issuance of various debt securities under its automatic shelf registration statement. The company reported the issuance of approximately $97.5 million in total debt, comprising commodity index-linked notes and fixed-rate notes with maturities extending to 2017 and 2025. These issuances, facilitated by a Form S-3 registration statement, indicate Goldman Sachs' ongoing activity in the debt markets to raise capital. Investors should note the specific details of the notes, including their linkage to commodity indices or their fixed coupon rates, as these provide insight into the company's funding strategy and the types of financial instruments it offers. The filing also includes legal opinions and consents related to these issuances.

Key Highlights

  • 1Goldman Sachs Group, Inc. issued approximately $97.5 million in new debt securities on November 3, 2011.
  • 2The debt issuance was conducted under the company's automatic shelf registration statement on Form S-3.
  • 3The issued securities include commodity index-linked notes with maturities in 2013.
  • 4Fixed-rate notes due 2017 and 2025 were also part of the issuance.
  • 5The filing includes supporting legal opinions and consents from Sullivan & Cromwell LLP.
  • 6This event signifies Goldman Sachs' ongoing capital raising activities in the debt markets.

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 include relevant exhibits such as legal opinions and consents associated with these issuances.

Goldman Sachs issued commodity index-linked notes (linked to the Goldman Sachs Enhanced Strategy E143 on the Dow Jones — UBS Commodity IndexSM and the Enhanced A124 Strategy on the S&P GSCI® Brent Crude Index Excess Return) and fixed-rate notes with coupon rates of 4.20% and 5.25%.

The total value of the debt securities issued amounts to approximately $97.5 million, including $33 million in Commodity Index-Linked Notes, $5 million in Commodity Strategy-Linked Notes, $28.142 million in 4.20% Notes due 2017, and $31.376 million in 5.25% Notes due 2025.

The mention of the Form S-3 automatic shelf registration statement indicates that Goldman Sachs had previously established a framework to efficiently issue securities in the future, allowing for a quicker and more streamlined process for this particular debt issuance.