New Issue: Goldman Sachs prices $20.71 million trigger notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Feb. 2 - Goldman Sachs Group, Inc. priced $20.71 million of 0% index-linked trigger notes due Aug. 4, 2011 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is at least 85% of the initial level, the payout at maturity will be par plus the greater of the index return and 2.53%. Otherwise, the payout will be par plus the index return.

Goldman, Sachs & Co. is the underwriter with J.P. Morgan Securities Inc. as co-agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Index-linked trigger notes
Underlying index:	S&P 500
Amount:	$20,708,000
Maturity:	Aug. 4, 2011
Coupon:	0%
Price:	Variable
Payout at maturity:	If final index level is at least 85% of initial level, par plus greater of index return and 2.53%; otherwise, par plus index return
Initial index level:	1,073.87
Pricing date:	Jan. 29
Settlement date:	Feb. 3
Underwriter:	Goldman, Sachs & Co. with co-agent J.P. Morgan Securities Inc.
Fees:	1.4%
Cusip:	38143UGD7

© 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.