Goldman Sachs Group Inc. (Goldman)
Fitch Rates Goldman's Sukuk Trust Certificate Program 'A+/F1+'; Rating Watch Negative
Tue, 2011-10-25 12:24 — newsdeskFitch Ratings has given an 'A+/F1+' rating to the trust certificate program conceived by The Goldman Sachs Group, Inc. (Goldman) and placed the rating on Rating Watch Negative. This program was designed for the issuance of murabaha trust certificates.
These ratings are based entirely on the rating of parent guarantor Goldman. GSI is the purchaser of the commodities being sold by GSCL under a deferred payment arrangement.
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