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 2/27/2003 in the Prospect News Convertibles Daily.

New Issue: Goldman sells $5 million 0.5% notes exchangeable for LabCorp

New York, Feb. 27 - The Goldman Sachs Group, Inc. sold $5 million 0.5% notes due 2013 exchangeable for the common stock of Laboratory Corp. of America Holdings, according to a filing with the Securities and Exchange Commission.

Issuer:The Goldman Sachs Group, Inc.
Issue:Exchangeable medium-term notes
Amount:$5 million
Maturity:Feb. 27, 2013
Coupon:0.5%
Price:Par
Exchange ratio:27.8023
Exchange price:$35.9683
Exchange premium:33%
Call:Feb. 27, 2005 onwards at par
Pricing date:Feb. 20
Settlement:Feb. 27
Underwriter:Goldman, Sachs & Co.
Cusip:38141GCW2

© 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.