Summary
Goldman Sachs Group, Inc. (GS) filed an 8-K on December 13, 2016, to report on the issuance of new debt securities. This filing primarily serves to provide documentation related to a significant debt offering that took place on December 13, 2016, under the company's existing shelf registration statement. The debt issuance comprised two tranches: $2.25 billion in 2.30% Notes due 2019 and $750 million in Floating Rate Notes due 2019. These filings are standard for debt issuances and provide legal and contractual details for investors who purchased these notes or are interested in the company's capital structure.
Key Highlights
- 1Goldman Sachs issued $2.25 billion in 2.30% Notes due 2019.
- 2Goldman Sachs issued $750 million in Floating Rate Notes due 2019.
- 3The total aggregate principal amount of debt issued is $3.0 billion.
- 4The debt was issued on December 13, 2016.
- 5The issuance was conducted under the company's automatic shelf registration statement on Form S-3 (File No. 333-198735).
- 6The filing includes exhibits such as the form of the notes and legal opinions from Sullivan & Cromwell LLP.
Frequently Asked Questions
The primary purpose of this 8-K filing is to report the issuance of new debt securities by Goldman Sachs Group, Inc. and to provide the associated documentation, including the forms of the notes and legal opinions.
Goldman Sachs issued $2.25 billion of 2.30% Notes due 2019 and $750 million of Floating Rate Notes due 2019, for a total of $3.0 billion in aggregate principal amount.
The debt securities were issued under Goldman Sachs' automatic shelf registration statement on Form S-3, with file number 333-198735.
The filing includes the form of the 2.30% Notes due 2019, and an opinion from Sullivan & Cromwell LLP, along with their consent.