By Laura Lutz
Des Moines, Aug. 29 - Goldman Sachs Group Inc. priced a $4.21 million issue of 0% leveraged equity index-linked notes due Oct. 6, 2008 linked to the Financial Select Sector index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index value is greater than the initial index value, investors will receive par plus double the gain on the index. The payout is capped at 120% of par.
If the index declines by up to 10%, the payout will be par. Investors will lose 1% for each 1% that the index declines beyond 10%.
Goldman, Sachs & Co. will be the agent.
| Issuer: | Goldman Sachs Group Inc.
|
| Issue: | Leveraged equity index-linked notes
|
| Underlying index: | Financial Select Sector
|
| Amount: | $4.21 million
|
| Maturity: | Oct. 6, 2008
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus double the gain on the index with payout capped at 120% of par, if the final level increases; par if the index declines by up to 10%; investors lose 1% for each 1% index decline beyond 10%
|
| Initial index level: | 339.15
|
| Pricing date: | Aug. 27
|
| Settlement date: | Sept. 4
|
| Agent: | Goldman, Sachs & Co.
|
| Fees: | 0.2%
|
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