<PAGE> 1
Filed pursuant to Rule 424(b)(3)
Registration Statement No. 333-36178
Prospectus Supplement No. 128 to the Prospectus dated May 8, 2000
and the Prospectus Supplement dated May 10, 2000.
$88,000,000
THE GOLDMAN SACHS GROUP, INC.
Medium-Term Notes, Series B
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The notes being purchased have the following terms:
PRINCIPAL AMOUNT: $88,000,000
STATED MATURITY: March 12, 2002
SPECIFIED CURRENCY: U.S. dollars
- principal: U.S. dollars
- interest: U.S. dollars
- exchange rate agent: not applicable
ORIGINAL ISSUE DATE: September 12, 2000
ORIGINAL ISSUE PRICE:
For $54,000,000 -- 100%
For $34,000,000 -- 99.986%
NET PROCEEDS TO GOLDMAN SACHS:
For $54,000,000 -- 99.85%
For $34,000,000 -- 99.836%
ORIGINAL ISSUE DISCOUNT NOTES: no
- total amount of OID:
- yield to maturity:
- initial accrual period OID:
FORM OF NOTES:
- master global form only: yes
- non-global form available: no
REDEMPTION AND REPAYMENT: not applicable
- redemption commencement date:
- repayment date(s):
- redemption or repayment price(s):
IF INTEREST RATE IS FIXED: YES
- annual rate: 6.95%
- interest payment dates: every March 12 and September 12, commencing on
March 12, 2001
- regular record dates: every February 25 and August 28
IF INTEREST RATE IS FLOATING: not applicable
- base rate:
- commercial paper rate:
- prime rate:
- LIBOR:
- Telerate LIBOR page:
- Reuters screen LIBOR page:
- index currency:
- EURIBOR:
- treasury rate:
- CMT rate:
- Telerate page 7051:
- Telerate page 7052 (weekly/monthly):
- CMT index maturity (if not two years):
- CD rate:
- federal funds rate:
- 11th district rate:
- index maturity:
- spread:
- spread multiplier:
- initial base rate:
- maximum rate:
- minimum rate:
- interest reset date(s):
- interest payment date(s):
- calculation agent:
DEFEASANCE APPLIES AS FOLLOWS:
- full defeasance -- i.e., our right to be relieved of all our obligations
on the notes by placing funds in trust for the investor:
- covenant defeasance -- i.e., our right to be relieved of specified
provisions of the notes by placing funds in trust for the investor:
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The information above, if any, about the original issue date, original
issue prices, net proceeds and original issue discount relates only to the
initial sale of the notes. If the notes are sold in market-making transactions
after their initial sale, information about the price paid and the date of the
sale will be provided in separate confirmations of sale. Please refer to the
accompanying prospectus dated May 8, 2000 and prospectus supplement dated May
10, 2000 for additional information about the notes being purchased.
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NEITHER THE SECURITIES AND EXCHANGE COMMISSION NOR ANY OTHER REGULATORY
BODY HAS APPROVED OR DISAPPROVED OF THESE SECURITIES OR PASSED UPON THE ACCURACY
OR ADEQUACY OF THIS PROSPECTUS SUPPLEMENT. ANY REPRESENTATION TO THE CONTRARY IS
A CRIMINAL OFFENSE.
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Goldman Sachs may use this prospectus supplement in the initial sale of the
notes. In addition, Goldman, Sachs & Co. or any other affiliate of Goldman Sachs
may use this prospectus supplement in market-making transactions in the notes
after their initial sale. UNLESS GOLDMAN SACHS OR ITS AGENT INFORMS THE
PURCHASER OTHERWISE IN THE CONFIRMATION OF SALE, THIS PROSPECTUS SUPPLEMENT IS
BEING USED IN A MARKET-MAKING TRANSACTION.
GOLDMAN, SACHS & CO.
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Prospectus Supplement dated September 7, 2000.
