New Issue: Goldman prices $8.2 million buffered basket-linked notes on S&P 500, MSCI EAFE indexes

By Jennifer Chiou

New York, Jan. 4 - Goldman Sachs Group, Inc. priced $8.2 million of 0% buffered basket-linked notes due Oct. 13, 2011 tied to equal weights of the S&P 500 index and the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any basket gain, capped at 6.5%. Investors will receive par if the basket falls by up to 15% and will lose 1.1765% for every 1% decline beyond 15%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Buffered basket-linked notes
Amount:	$8.2 million
Maturity:	Oct. 13, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain, capped at 6.5%; par if the basket falls by up to 15%; investors will lose 1.1765% for every 1% decline beyond 15%
Initial levels:	1,259.14 for S&P 500; 1,657 for MSCI EAFE
Pricing date:	Dec. 30
Settlement date:	Jan. 6
Underwriter:	Goldman, Sachs & Co.
Fees:	0.05%
Cusip:	38146M643

© 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.