Date: 9/8/2010
Author: Incapital News Release

Incapital to Distribute Goldman Sachs' Underwritten Municipal Bonds

Incapital LLC and Goldman Sachs & Co. today announced an exclusive agreement for the sale of new issue municipal bonds through Incapital’s distribution network of over 600 broker dealers, bank trust departments, asset managers and Registered Investment Advisors (“RIAs”).

Incapital will distribute a broad range of municipal offerings underwritten by Goldman Sachs. This distribution arrangement will enable Goldman Sachs to access the deep pool of municipal bond investors serviced by the Incapital network. Goldman Sachs consistently ranks as one of the leading underwriters of municipal securities nationally.

John Radtke, President of Incapital, said “Our alliance with Goldman Sachs will give financial advisors at banks, RIAs and broker-dealers access to a wide spectrum of new issue municipal securities which previously have been difficult to access. We feel this will broaden the appeal of a very attractive asset class and provide greater diversification in distribution for municipal issuers.”

“We are pleased to be able to expand the number and types of investors accessed by our issuing clients through our relationship with Incapital, a recognized leader in distributing fixed income products. Its distribution network perfectly complements our proven institutional sales capability as well as our extensive high net-worth private wealth management efforts,” said Jeff Scruggs, Co-Chief Operating Officer of Goldman Sachs’ Public Sector and Infrastructure banking group.

The investment products discussed herein contain unique risks, terms, conditions and fees specific to each offering. Depending upon the particular investment product, risks may include, but are not limited to, issuer credit risk, market risk, the performance of an underlying derivative financial instrument, formula or strategy, and foreign currency risks. Return of principal may not be guaranteed and may be subject to credit risk of the issuer or the performance of a derivative instrument, formula or strategy. Additionally, unless otherwise specified in the particular offering documentation, the products discussed herein are not FDIC insured, may lose value, and are not bank guaranteed. You should not purchase an investment product or make an investment recommendation to a customer until you have read the specific offering documentation and understand the specific investment terms, conditions and risks of such investment. A copy of the official statement and other offering information may be found at the SEC’s EDGAR as related to securities offerings. Incapital will also provide copies of the relevant offering statements upon request. Incapital does not offer or sell investment products to individual investors. Investors should consult with their financial professional prior to investing any money in these or other products and carefully review the disclosure statement or other offering documents.

This material may include certain representations, projections and comparisons concerning particular investment products, markets or indices. Such representations, projections and comparisons may not reflect the opinions of Incapital and may not be accurate either now or at a future date. Consequently, you should not rely on such representations, projections, comparisons or other opinions in purchasing an investment product or making a recommendation to a customer. Current and future economic and other market events concerning an investment product or an issuer thereof may cause the information provided herein to be incorrect. Past performance is not indicative of future results and should never be relied upon in making an investment decision or recommendation. This material may not have been authored or officially authorized by Incapital, its employees or an affiliate thereof.