8-KExhibits & Filings

GOLDMAN SACHS GROUP INC 8-K Report, Exhibit Filing (Jan 24, 2012)

Filed January 24, 2012For Securities:GSGS-PAGS-PCGS-PDGSCE

Summary

This 8-K filing from Goldman Sachs Group, Inc. (GS) on January 24, 2012, reports on the issuance of new debt securities. Specifically, the company issued $250 million of 5.125% Notes due 2015 and $4.25 billion of 5.75% Notes due 2022. This action was conducted under the company's automatic shelf registration statement on Form S-3. For investors, this filing signifies Goldman Sachs' proactive capital management and its ability to access public debt markets. The issuance of these notes indicates the company's ongoing funding needs and its strategy to manage its balance sheet and liquidity. Investors should note the interest rates and maturity dates of these new debt instruments as they impact the company's future interest expense and debt obligations.

Key Highlights

  • 1Goldman Sachs Group, Inc. issued $250,000,000 of 5.125% Notes due 2015.
  • 2Goldman Sachs Group, Inc. issued $4,250,000,000 of 5.75% Notes due 2022.
  • 3The debt issuance occurred on January 24, 2012.
  • 4The securities were issued under the company's automatic shelf registration statement on Form S-3 (File No. 333-176914).
  • 5The filing includes legal opinions and consents from Sullivan & Cromwell LLP.
  • 6This event reflects the company's capital raising activities in the debt markets.

Frequently Asked Questions

The primary purpose of this 8-K filing was to report on the issuance of new debt securities by The Goldman Sachs Group, Inc. on January 24, 2012.

Goldman Sachs issued two tranches of notes: $250,000,000 of 5.125% Notes due 2015 and $4,250,000,000 of 5.75% Notes due 2022.

These notes were issued pursuant to the company's automatic shelf registration statement on Form S-3, which had the file number 333-176914.

For investors, this issuance indicates Goldman Sachs' continued access to capital markets for funding. It also means an increase in the company's total debt obligations and future interest expense, which should be considered when evaluating the company's financial leverage and profitability.