Published on 5/2/2008 in the Prospect News Structured Products Daily.
New Issue: Goldman Sachs prices $38.38 million leveraged notes linked to MSCI EAFE
By Susanna Moon
Chicago, May 2 - Goldman Sachs Group, Inc. priced $38.38 million of 0% leveraged notes due May 7, 2013 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
Payout at maturity will be par plus 169% of any index gain.
If the index falls by up to 15%, the payout will be par. Investors will lose 1% for each 1% decline beyond 15%.
Goldman, Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $38,375,000
|
| Maturity: | May 7, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 169% of any index gain; if index falls by up to 15%, par; 1% loss for each 1% decline beyond 15%
|
| Initial level: | 2,139.53
|
| Pricing date: | April 30
|
| Settlement date: | May 7
|
| Underwriter: | Goldman, Sachs & Co.
|
| Fees: | 0.35%
|
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