8-KExhibits & Filings

GOLDMAN SACHS GROUP INC 8-K Report, Exhibit Filing (Jan 27, 2012)

Filed January 27, 2012For Securities:GSGS-PAGS-PCGS-PDGSCE

Summary

Goldman Sachs Group, Inc. filed an 8-K report on January 27, 2012, primarily to disclose the issuance of $9,539,000 in Commodity-Linked Notes due 2013. These notes are linked to the price of gold, indicating a specific financial product being offered to investors to gain exposure to gold price movements. The issuance was made under the company's existing automatic shelf registration statement on Form S-3, a common practice for established issuers to efficiently bring debt securities to market. This filing is procedural in nature, providing public notice of a new debt offering. Investors interested in Goldman Sachs' capital raising activities and product diversification should note this event. The inclusion of legal opinions and consents from Sullivan & Cromwell LLP, as filed exhibits, underscores the formal and compliant nature of this debt issuance, assuring investors of the legal standing of the securities offered.

Key Highlights

  • 1Goldman Sachs Group, Inc. (GS) issued $9,539,000 in Commodity-Linked Notes on January 27, 2012.
  • 2The notes are due in 2013 and are linked to the price of gold.
  • 3The issuance was conducted under an existing automatic shelf registration statement (Form S-3).
  • 4This filing serves as formal notification of a new debt security offering.
  • 5Legal documentation, including opinions and consents from Sullivan & Cromwell LLP, was filed as part of the report.

Frequently Asked Questions

Goldman Sachs issued Commodity-Linked Notes. Specifically, these were $9,539,000 in notes due in 2013, with their return or value tied to the price of gold.

The notes were issued under Goldman Sachs' automatic shelf registration statement on Form S-3, which allows established companies to efficiently offer and sell securities without needing to file a new registration statement for each offering.

This filing is significant as it informs investors about Goldman Sachs' ongoing capital raising activities and the types of structured products the firm is offering. It indicates the company's ability to access debt markets and potentially cater to investor demand for specific market exposures, such as commodities like gold.

The filed exhibits, including legal opinions and consents, provide assurance to investors and the market that the debt issuance has been reviewed by legal counsel and complies with relevant regulations. They add a layer of credibility and transparency to the offering.