New Issue: Goldman Sachs sells $2.91 million leveraged buffered notes on three indexes

By Susanna Moon

Chicago, June 15 - Goldman Sachs Group, Inc. priced $2.91 million of 0% leveraged buffered basket-linked notes due Sept. 19, 2011 based on the performance of three indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 33.4% weight, the MSCI EAFE index with a 33.3% weight and the Russell 2000 index with a 33.3% weight.

The payout at maturity will be par plus 1.5 times any basket gain, up to the maximum settlement amount of $1,228.75 per $1,000 principal amount.

Investors will receive par if the basket falls by up to 10% and will be exposed to any losses beyond 10%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered basket-linked notes
Underlying indexes:	S&P 500 (33.4% weight), MSCI EAFE (33.3% weight) and Russell 2000 (33.3% weight)
Amount:	$2,911,000
Maturity:	Sept. 19, 2011
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 150% of any basket gain, capped at 22.875%; exposure to losses beyond 10%
Initial index levels:	1,091.60 for the S&P, 1,362.60 for the EAFE and 649 for the Russell
Pricing date:	June 11
Settlement date:	June 18
Underwriter:	Goldman, Sachs & Co.
Fees:	0.6%
Cusip:	38143UJR3

© 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.