Goldman Sachs gets needed consents to amend two series of normal APEX

By Marisa Wong

Madison, Wis., Feb. 7 - Goldman Sachs Group, Inc. announced the completion of the consent solicitations from holders of Goldman Sachs Capital II's 5.793% fixed-to-floating normal APEX and Goldman Sachs Capital III's floating-rate normal APEX.

Goldman Sachs received the required consents to amend the trust documents of the two series of APEX to provide more flexibility in the remarketing of the junior subordinated notes underlying the two series.

A majority of holders of record as of Jan. 19 of each of the 5.793% fixed-to-floating normal APEX and floating-rate normal APEX delivered their consents by 5 p.m. ET on Feb. 6, the expiration of the solicitations.

The consent solicitations began on Jan. 9.

Goldman Sachs Group expects to pay a consent fee to each consenting holder on or about Feb. 9.

Global Bondholder Services Corp. (866 488-1500 or 212 430-3774) is the information and tabulation agent. Goldman, Sachs & Co. (800 828-3182 or 212 902-5183) was the solicitation agent.

Goldman Sachs is a New York-based investment banking and financial services firm.

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