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 1/23/2008 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $19.09 million capped participation notes linked to MSCI EAFE

By Jennifer Chiou

New York, Jan. 23 - Goldman Sachs Group, Inc. priced $19.09 million of 0% capped participation notes due Aug. 4, 2010 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains, investors will participate in the increase up to a cap of 40%.

If the index declines, investors will lose proportionally, with a minimum payout of 90% of par.

Goldman, Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Capped participation notes
Underlying index:MSCI EAFE
Amount:$19.09 million
Maturity:Aug. 4, 2010
Coupon:0%
Price:Par
Payout at maturity:Investors share in gains up to 40%; investors share in losses up to 10%
Initial index level:2,065
Pricing date:Jan. 18
Settlement date:Feb. 4
Underwriter:Goldman, Sachs & Co.
Fees:0.175%

© 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.