Summary
The Goldman Sachs Group, Inc. (GS) filed a Form 8-K on December 23, 2011, to report the issuance of new debt securities under its automatic shelf registration statement. This filing primarily serves as a disclosure mechanism for the public offering of these notes, providing investors with information regarding the structure and terms of the debt instruments. The company is leveraging its existing Form S-3 registration statement to efficiently bring these notes to market. Specifically, the report details the issuance of $2,713,000 in Commodity-Linked Notes due 2012, which are tied to the price of gold, and $7,000,000 in Floating Rate Total Return Index-Linked Notes due 2013, linked to the Dow Jones-UBS Softs Total Return Sub-Index. This indicates Goldman Sachs' strategy to diversify its funding sources and offer investors exposure to various market indices and commodities through structured products.
Key Highlights
- 1Goldman Sachs Group, Inc. issued new debt securities on December 23, 2011.
- 2The issuance was made under the company's existing automatic shelf registration statement on Form S-3.
- 3The company issued $2,713,000 in Commodity-Linked Notes due 2012, linked to the price of gold.
- 4Additionally, $7,000,000 in Floating Rate Total Return Index-Linked Notes due 2013 were issued, linked to the Dow Jones-UBS Softs Total Return Sub-Index.
- 5This filing serves to disclose the terms and issuance of these debt securities.
- 6Legal opinions and consents from Sullivan & Cromwell LLP are included as exhibits.