Published on 10/17/2007 in the Prospect News Structured Products Daily.
New Issue: Goldman Sachs prices $132,000 0% notes linked to S&P GSCI Biofuel
By Laura Lutz
Des Moines, Oct. 17 - The Goldman Sachs Group, Inc. priced a $132,000 issue of 0% notes due Sept. 26, 2011 linked to the S&P GSCI Biofuel index, according to a 424B2 filing with the Securities and Exchange Commission.
The index reflects the total returns potentially available through an unleveraged investment in four biofuel-related commodity contracts. The commodities are corn with a 38% weight, soybean oil with a 25% weight, sugar number 11 with a 28% weight and wheat with a 9% weight.
At maturity, investors will receive par plus any positive return on the index. The payout will be at least par.
Goldman, Sachs & Co. is the underwriter.
Issuer: | The Goldman Sachs Group, Inc.
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Issue: | Medium-term notes, series B
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Underlying index: | S&P GSCI Biofuel index
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Amount: | $132,000
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Maturity: | Sept. 26, 2011
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any positive return on the index
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Initial index level: | 101.8706
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Pricing date: | Oct. 15
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Settlement date: | Oct. 22
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Underwriter: | Goldman, Sachs & Co.
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Fees: | 0.75%
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