Published on 4/28/2011 in the Prospect News Structured Products Daily.
New Issue: Goldman prices $1.57 million buffered index-linked notes on S&P 500
By Jennifer Chiou
New York, April 28 - Goldman Sachs Group, Inc. priced $1.57 million of 0% buffered index-linked notes due Oct. 31, 2014 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 any index gain. Investors will receive par if the index falls by up to 20% and will share in losses beyond 20%.
Goldman, Sachs & Co. is the underwriter.
Issuer: | Goldman Sachs Group, Inc.
|
Issue: | Buffered index-linked notes
|
Underlying index: | S&P 500
|
Amount: | $1,568,000
|
Maturity: | Oct. 31, 2014
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus any index gain; par for losses up to 20%; investors share in losses beyond 20%
|
Initial index level: | 1,347.24
|
Pricing date: | April 26
|
Settlement date: | April 29
|
Underwriter: | Goldman, Sachs & Co.
|
Fees: | 2.25%
|
Cusip: | 38143UTQ4
|
© 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.