New Issue: Goldman Sachs prices $6.61 million leveraged buffered notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., July 6 - Goldman Sachs Group, Inc. priced $6.61 million of 0% leveraged buffered index-linked notes due July 30, 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 double any index gain, subject to a maximum return of 32%. Investors will receive par if the index declines by 20% or less and will lose 1.25% for every 1% that it declines beyond 20%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	S&P 500
Amount:	$6,605,000
Maturity:	July 30, 2012
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of any index gain, up to maximum return of 32%; par if index falls by 20% or less; 1.25% loss for every 1% decline beyond 20%
Initial index level:	1,028.93
Pricing date:	July 1
Settlement date:	July 9
Underwriter:	Goldman, Sachs & Co.
Fees:	0.175%
Cusip:	38145X509

© 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.