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Goldman Sachs Announces Successful Remarketing Of Notes Held By Goldman Sachs Capital III

Stock quotes in this article: GS 

The Goldman Sachs Group, Inc. (NYSE: GS) today announced that it has successfully remarketed $500,010,000 aggregate principal amount of its Remarketable Floating Rate Junior Subordinated Notes due 2043, as required by the terms of its Floating Rate Normal APEX. All of the notes were purchased by Vesey Street Investment Trust I, a Delaware statutory trust sponsored by The Goldman Sachs Group, Inc. Vesey Street Investment Trust I simultaneously issued its 4.404% Senior Guaranteed Trust Securities due 2016 (NYSE: GS/VI 16). The interest rate on and maturity of the notes purchased by Vesey Street Investment Trust I were reset in the remarketing to match the distribution rate and mandatory redemption date of its trust securities.

The Goldman Sachs Group, Inc. has filed a registration statement (including a prospectus) with the Securities and Exchange Commission for the offering to which this communication relates. The Goldman Sachs Group, Inc., the underwriter or any dealer participating in this offering will arrange to send you the prospectus upon request by contacting Goldman, Sachs & Co., Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: (866) 471-2526, facsimile: (212) 902-9316, email: prospectus-ny@ny.email.gs.com.

This press release shall not constitute an offer to sell or solicitation of an offer to buy, nor shall there be any sale of, these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

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