New York financial firm Goldman Sachs Group (GS) is considering raising capital through a new stock offer as it works to repay a $10 billion government loan, according to a Friday report in The Wall Street Journal.
Goldman executives haven’t determined the exact size of the offering, but it is expected to be at least several billion dollars, the Journal said.
An announcement from Goldman about the offer, which expects to announce strong first-quarter earnings Tuesday, could come as early as next week. [via WSJ]
Disclaimer: This page contains affiliate links. If you choose to make a purchase after clicking a link, we may receive a commission at no additional cost to you. Thank you for your support!
Leave a Reply