E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/7/2011 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $3.95 million leveraged index-linked notes on S&P 500

By Jennifer Chiou

New York, June 7 - Goldman Sachs Group, Inc. priced $3.95 million of 0% leveraged index-linked notes due June 20, 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, up to the maximum settlement amount of $1,172.60 per $1,000 principal amount of notes.

Investors will be exposed to any losses.

JPMorgan is the lead agent with Goldman, Sachs & Co. as co-agent.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged index-linked notes
Underlying index:S&P 500
Amount:$3,946,000
Maturity:June 20, 2012
Coupon:0%
Price:Par
Payout at maturity:Par plus 200% of any index gain, capped at 17.26%; exposure to losses
Initial index level:1,300.16
Pricing date:June 3
Settlement date:June 8
Agents:JPMorgan (lead); Goldman, Sachs & Co. (co-agent)
Fees:1.1%
Cusip:38143UVN8

© 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.