Summary
Goldman Sachs Group, Inc. (GS) has filed an 8-K report to announce the issuance of new debt securities. On October 23, 2024, the company will be issuing a total of $5.5 billion in notes, comprising $2 billion of 4.692% Fixed/Floating Rate Notes due 2030 and $3.5 billion of 5.016% Fixed/Floating Rate Notes due 2035. This issuance is being conducted under the company's existing shelf registration statement on Form S-3. The filing primarily serves to provide the necessary legal documentation and opinions related to this debt offering.
Key Highlights
- 1Goldman Sachs is issuing $5.5 billion in new debt.
- 2The debt issuance includes $2 billion in notes due 2030 with a 4.692% fixed/floating rate.
- 3The debt issuance also includes $3.5 billion in notes due 2035 with a 5.016% fixed/floating rate.
- 4The securities are being issued on October 23, 2024.
- 5This debt offering is made under the company's existing shelf registration statement on Form S-3.
- 6The filing includes legal opinions from Sullivan & Cromwell LLP concerning the securities.
- 7The filing is formatted with iXBRL for interactive data reporting.