New Issue: Goldman Sachs prices $3.3 million leveraged notes linked to S&P 500

By Angela McDaniels

Seattle, Oct. 1 - The Goldman Sachs Group Inc. priced $3.3 million of 0% leveraged equity index-linked notes due Dec. 5, 2008 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 triple any index gain, capped at a maximum return of 18.3%. Investors will receive par if the index declines by 5% or less and will lose 1.0526% for each 1% decline beyond 5%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	The Goldman Sachs Group, Inc.
Issue:	Leveraged equity index-linked notes
Underlying index:	S&P 500
Amount:	$3,308,000
Maturity:	Dec. 5, 2008
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus triple any index gain, capped at maximum return of 18.3%; par if index falls by 5% or less; 1.0526% loss for each 1% decline beyond 5%
Initial index level:	1,528.27
Pricing date:	Sept. 27
Settlement date:	Oct. 4
Underwriter:	Goldman, Sachs & Co.
Fees:	0.2%

© 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.