Goldman Sachs Group riding a rising market, is considering making a multibillion-dollar offering of its shares to investors as part of an effort to repay a $10 billion government loan, according to people familiar with the matter.
The move, which could be announced as early as next week, comes as the firm prepares to report solid first-quarter earnings Tuesday. Goldman executives haven’t determined the exact size of the offering, but it is expected to be at least several billion dollars, these people say. They caution a final decision isn’t made, and will be based partly on market conditions.
Goldman Seeks New Stock Sale
SUSANNE CRAIG and KATE KELLY
WSJ, APRIL 10, 2009