New Issue: Goldman prices $6.36 million leveraged buffered notes on MSCI EAFE

By Jennifer Chiou

New York, Nov. 23 - Goldman Sachs Group, Inc. priced $6.36 million of 0% leveraged buffered index-linked notes due May 29, 2012 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 double any increase in the index, subject to a maximum settlement amount of $1,246 per $1,000 principal amount of notes. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for each 1% that it declines beyond 10%.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	MSCI EAFE
Amount:	$6,361,000
Maturity:	May 29, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus double any index gain, up to maximum return of 24.6%; par if index falls by 10% or less; 1.1111% loss for each 1% decline beyond 10%
Initial index level:	1,624.95
Pricing date:	Nov. 19
Settlement date:	Nov. 29
Underwriter:	Goldman Sachs & Co.
Fees:	0.15%
Cusip:	38145X277

© 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.