New Issue: Goldman Sachs prices $3.69 million add-on to leveraged notes linked to MSCI EAFE

By Jennifer Chiou

New York, May 8 - Goldman Sachs Group, Inc. priced a $3.69 million add-on to its issue of 0% leveraged notes due May 18, 2010 linked to the MSCI EAFE index, augmenting the total amount to $22.93 million, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par plus 150% of any index gain, capped at 140.005% of par.

If the index falls by up to 10%, the payout will be par. Investors will lose 1.1111% for each 1% decline beyond 10%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged notes
Underlying index:	MSCI EAFE
Amount:	$22,934,000, including $3,686,000 add-on
Maturity:	May 18, 2010
Coupon:	0%
Price:	Par for $19,248,000; 101.09 for $3,686,000
Payout at maturity:	Par plus 150% of any index gain, capped at 140.005% of par; if index falls by up to 10%, par; 1.1111% loss for each 1% decline beyond 10%
Initial level:	2,139.53 on April 30; 2,137.80 on May 6
Pricing dates:	April 30 for $19,248,000; May 6 for $3,686,000
Settlement date:	May 14
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.