Goldman Sachs Offers $5 Billion Of Common Equity To The Public

The Goldman Sachs Group, Inc. has commenced a public offering of $5 billion of its common stock for sale to the public. Goldman, Sachs & Co. will serve as the sole underwriter for the transaction. The underwriter will have a

By None

The Goldman Sachs Group, Inc. has commenced a public offering of $5 billion of its common stock for sale to the public. Goldman, Sachs & Co. will serve as the sole underwriter for the transaction. The underwriter will have a 30-day option to purchase up to an additional 15% of the offered amount of common stock from the company to cover over-allotments, if any.

After the completion of the stress assessment, if permitted by our supervisors and if supported by the results of the stress assessment, Goldman Sachs would like to use the capital raised plus additional resources to redeem all of the TARP capital.

Goldman Sachs will be hosting a call to discuss the firm’s first quarter 2009 financial results, outlook and related matters, at 7:00 am (ET) on Tuesday, April 14, 2009. The call will be open to the public.

D.C.

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