Goldman Sachs Terminates General Guarantee Agreement Guaranteeing the Obligations of Goldman Sachs Execution & Clearing, L.P.
NEW YORK, June 2, 2017 – The Goldman Sachs Group, Inc. (NYSE: GS) announced today that it has terminated its general guarantee dated March 2, 2010 of certain payment obligations of its subsidiary, Goldman Sachs Execution & Clearing, L.P. (GSEC), effective on the opening of business on June 9, 2017.
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.
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