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):
August 23, 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
BRITISH WEST INDIES N/A
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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 August 23, 1999, GS Financial Products U.S., L.P. (the "Company")
repurchased from an affiliate $36.5 million aggregate principal amount of the
Company's S&P Enhanced Stock Index Growth Notes due August 9, 2002 (the
"E-SIGNS"), representing 50% of the aggregate principal amount of the E-SIGNS
outstanding, at a purchase price of $43 per $25 aggregate face amount of each
E-SIGN repurchased. The Company cancelled the repurchased E-SIGNS on August 26,
1999.
The repurchase of the E-SIGNS was funded through the early termination
of various derivative transactions with affiliates that the Company entered into
to hedge its obligations under the E-SIGNS and cash provided by operations.
Goldman, Sachs & Co. acts as a market maker for the E-SIGNS, but may
cease such market making at any time without notice. The E-SIGNS are listed on
the New York Stock Exchange under the symbol "GSA."
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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: August 26, 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.