New Issue: Goldman Sachs sells $3.28 million leveraged buffered notes linked to MSCI EAFE

By Susanna Moon

Chicago, May 12 - Goldman Sachs Group, Inc. priced $3.28 million of 0% leveraged buffered equity index-linked notes due April 5, 2011 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, up to a maximum settlement amount of $1,270 per $1,000 principal amount of notes.

Investors will receive par if the index falls by up to 20% and will lose 1.25% per each 1% decline beyond 20%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered equity index-linked notes
Underlying index:	MSCI EAFE index
Amount:	$3,283,000
Maturity:	April 5, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus three times any index gain, capped at $1,270 per note; par if index falls by up to 20%; 1.25% loss per each 1% decline beyond 20%
Initial index level:	1,266.37
Pricing date:	May 8
Settlement date:	May 22
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.