New Issue: Goldman Sachs prices $12.78 million leveraged buffered notes linked to MSCI EAFE

By Jennifer Chiou

New York, March 27 - Goldman Sachs Group, Inc. priced $12.78 million of 0% leveraged buffered equity index-linked notes due Nov. 16, 2010 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, subject to a maximum payment of $1,318 for each $1,000 principal amount of notes. Investors will receive par if the index declines by 20% or less and will lose 1.25% for every 1% that the index declines beyond 20%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered equity index-linked notes
Underlying index:	MSCI EAFE
Amount:	$12,784,000
Maturity:	Nov. 16, 2010
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus triple any index gain, up to maximum payment of $1,318 per note; par if index declines by 20% or less; 1.25% loss for every 1% index decline beyond 20%
Initial index level:	1,106.5
Pricing date:	March 25
Settlement date:	April 8
Underwriter:	Goldman, Sachs & Co.
Fees:	0.15%

© 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.