E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/26/2011 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs sells $5.05 million commodity strategy notes on S&P GSCI Light Energy

By Toni Weeks

San Diego, July 26 - Goldman Sachs Group, Inc. priced $5.05 million of 0% leveraged commodity strategy-linked notes due Feb. 25, 2013 linked to the Enhanced E96 Strategy on the S&P GSCI Light Energy Index Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any gain in the index, up to a maximum payment of $1,250 per $1,000 principal amount of notes.

Investors will be exposed to any losses.

Goldman Sachs & Co. is the agent.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged commodity strategy-linked notes
Underlying index:Enhanced E96 Strategy on the S&P GSCI Light Energy Index Excess Return
Amount:$5,051,000
Maturity:Feb. 25, 2013
Coupon:0%
Price:Par
Payout at maturity:Par plus double any gain in index, up to maximum payment of $1,250 per $1,000 of notes; exposure to losses
Initial level:267.20
Pricing date:July 22
Settlement date:July 29
Agent:Goldman Sachs & Co.
Fees:0.15%
Cusip:38143UWY3

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.