Published on 3/25/2010 in the Prospect News Structured Products Daily.
New Issue: Goldman Sachs prices $26.98 million leveraged notes on Topix index via JPM
By Jennifer Chiou
New York, March 25 - Goldman Sachs Group, Inc. priced $26.98 million of 0% leveraged index-linked notes due July 1, 2010 linked to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus double any index gain, up to the maximum settlement amount of $1,078.20 per $1,000 principal amount of notes.
Investors will share in any losses.
Goldman, Sachs & Co. and JPMorgan are the agents.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged index-linked notes
|
| Underlying index: | Topix
|
| Amount: | $26.98 million
|
| Maturity: | July 1, 2010
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any index gain, capped at 7.82%; investors share in any losses
|
| Initial index level: | 947.37
|
| Pricing date: | March 23
|
| Settlement date: | March 26
|
| Agents: | Goldman, Sachs & Co. and JPMorgan
|
| Fees: | 0.3%
|
| Cusip: | 38143UHB0
|
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