Published on 7/15/2003 in the Prospect News Convertibles Daily.
New Issue: Goldman Sachs prices $64.41 million 7% notes exchangeable for Wyeth
New York, July 15 - The Goldman Sachs Group, Inc. priced $64.41 million 7% notes mandatorily exchangeable for the common stock of Wyeth, according to a filing with the Securities and Exchange Commission.
| Issuer: | The Goldman Sachs Group, Inc.
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| Issue: | Mandatory exchangeable medium-term notes
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| Amount: | $64.414 million
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| Maturity: | Jan. 18, 2005
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| Coupon: | 7%, payable quarterly
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| Price: | Par of $46.01 (equivalent to initial stock price)
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| Exchange ratio: | 1, payable in cash or stock, at maturity, capped at $52.6815, 114.5% of initial price
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| Underwriter: | Goldman, Sachs & Co.
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| Pricing date: | July 8
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| Settlement: | July 15
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| Cusip: | 38143U200
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