SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
September 8, 1999
GS FINANCIAL PRODUCTS U.S., L.P.
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(Exact Name of Registrant as Specified in Charter)
CAYMAN ISLANDS NO. 000-25178 NO. 52-1919759
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(State or Other Jurisdic- (Commission (IRS Employer
tion of Incorporation) File Number) Identification
No.)
P.O. BOX 896
HARBOUR CENTRE, NORTH CHURCH STREET
GRAND CAYMAN, CAYMAN ISLANDS N/A
BRITISH WEST INDIES ----------
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (345) 945-1326
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS.
On September 8, 1999, GS Financial Products U.S., L.P. (the "Company")
agreed to repurchase from an affiliate $33.5 million aggregate face amount of
the Company's Nikkei 225 Indexed Notes due December 22, 2000 (the "Notes"),
representing 83.75% of the aggregate face amount of the Notes outstanding, at a
purchase price of $1,023.90 per $1,000 face amount of each Note repurchased. The
Company intends to cancel the repurchased Notes on September 10, 1999 following
settlement.
The repurchase of the Notes was funded through the early termination of
various derivative transactions with affiliates that the Company entered into to
hedge its obligations under the Notes and cash provided by operations.
Goldman, Sachs & Co. acts as a market maker for the Notes, but may
cease such market making at any time without notice. The Notes are listed on the
American Stock Exchange under the symbol "GSN.A".
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<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
GS FINANCIAL PRODUCTS U.S., L.P.
(Registrant)
acting by its general partner
GS Financial Products US Co.
Date: September 9, 1999 By: /S/ BRIAN J. LEE
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Name: Brian J. Lee
Title: Treasurer
For and on behalf of GS Financial
Products US Co., managing partner
of GS Financial Products U.S., L.P.
