Published on 7/29/2009 in the Prospect News Structured Products Daily.
New Issue: Goldman Sachs prices $10 million capped notes linked to S&P 500
By Angela McDaniels
Tacoma, Wash., July 29 - Goldman Sachs Group, Inc. priced $10 million of 0% capped equity index-linked notes due Aug. 10, 2012 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the index return, subject to a minimum payout of $800 and a maximum payout of $1,550 per $1,000 principal amount of notes.
Goldman, Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Capped equity index-linked notes
|
| Underlying index: | S&P 500
|
| Amount: | $10 million
|
| Maturity: | Aug. 10, 2012
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus the index return, with a floor of $800 and a cap of $1,550 per note
|
| Initial index level: | 978.60
|
| Pricing date: | July 27
|
| Settlement date: | Aug. 10
|
| Underwriter: | Goldman, Sachs & Co.
|
| Fees: | 0.25%
|
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