By E. Janene Geiss
Philadelphia, May 27 - Goldman Sachs Group Inc. priced a $6.33 million issue of 0% leveraged equity index-linked notes due April 26, 2011 linked to the iShares MSCI Emerging Markets Index Fund, according to a 424B2 filing with the Securities and Exchange Commission.
If the final fund value is greater than the initial fund value, investors will receive par plus 150% times the gain on the index. The payout is capped at 126.7% of par.
If the fund declines by up to 20%, the payout will be par. Investors will lose 1% for each 1% that the price of the fund declines beyond 20%.
Goldman, Sachs & Co. is the agent.
| Issuer: | Goldman Sachs Group Inc.
|
| Issue: | Leveraged equity index-linked notes
|
| Underlying fund: | iShares MSCI Emerging Markets index fund
|
| Amount: | $6,332,000
|
| Maturity: | April 26, 2011
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 150% of any the gain on the fund, capped at 126.7% of par; par if the fund declines by up to 20%; investors lose 1% for each 1% fund decline beyond 20%
|
| Initial index level: | $31.71
|
| Pricing date: | May 22
|
| Settlement date: | June 8
|
| Agent: | Goldman, Sachs & Co.
|
| Fees: | 0.15%
|
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