Initial Public Offering

Energy
Initial Public Offering

Summary

Baird served as a co-manager on this offering

About

Goldman Sachs MLP Income Opportunities Fund (the “Fund”) (NYSE: GMZ) recently completed an initial public offering of 44,124,924 shares of common stock at a price of $20.00 per share, generating gross proceeds of $882.5 million. The Fund intends to invest the net proceeds from the offering in accordance with its investment objective and policies.

The Goldman Sachs MLP Income Opportunities Fund is a newly-organized, non-diversified, closed-end management investment company with no operating history. Goldman Sachs Asset Management, L.P., a registered investment adviser, serves as the investment adviser of the Fund. The Fund's investment objective is to provide a high level of total return with an emphasis on distributions to shareholders. The Fund seeks to achieve its investment objective by investing primarily in master limited partnerships. The Fund is headquartered in New York, New York.

INVESTORS SHOULD CONSIDER THEIR INVESTMENT GOALS, TIME HORIZONS AND RISK TOLERANCE BEFORE INVESTING IN THE FUND. AN INVESTMENT IN THE FUND IS NOT APPROPRIATE FOR ALL INVESTORS, AND THE FUND IS NOT INTENDED TO BE A COMPLETE INVESTMENT PROGRAM. INVESTORS SHOULD CAREFULLY REVIEW AND CONSIDER THE FUND’S INVESTMENT OBJECTIVE, RISKS, CHARGES AND EXPENSES BEFORE INVESTING. THE PROSPECTUS, WHICH CONTAINS THIS AND OTHER INFORMATION ABOUT THE FUND, SHOULD BE READ CAREFULLY BEFORE INVESTING. A COPY OF THE PROSPECTUS CAN BE OBTAINED FROM THE FUND’S WEBSITE BY VISITING WWW.GOLDMANSACHSFUNDS.COM OR BY CONTACTING YOUR FINANCIAL ADVISOR.

SHARES OF CLOSED-END INVESTMENT COMPANIES FREQUENTLY TRADE AT A DISCOUNT FROM THEIR NET ASSET VALUE (“NAV”), WHICH MAY INCREASE INVESTORS’ RISK OF LOSS. THIS RISK MAY BE GREATER FOR INVESTORS EXPECTING TO SELL THEIR SHARES IN A RELATIVELY SHORT PERIOD OF TIME AFTER COMPLETION OF THE PUBLIC OFFERING. THERE IS NO ASSURANCE THAT THE FUND WILL MEET ITS INVESTMENT OBJECTIVE. INVESTMENTS IN
SECURITIES OF MLPS INVOLVE RISKS THAT DIFFER FROM INVESTMENTS IN COMMON STOCK, INCLUDING AMONG OTHERS RISKS RELATED TO LIMITED CONTROL AND LIMITED RIGHTS TO VOTE ON MATTERS AFFECTING MLPS, POTENTIAL CONFLICTS OF INTEREST RISK, CASH FLOW RISKS, DILUTION RISKS AND TRADING RISKS.

For additional information about this transaction, please contact:

Kjell Lundal (314) 445-6533
Gary Placek (414) 765-3611
Energy
Initial Public Offering
Date
November 2013
Company
Goldman Sachs MLP Income Opportunities Fund
Transaction
M&A
Sectors
Energy
Target Location
North America

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