Published on 7/9/2008 in the Prospect News Structured Products Daily.
New Issue: Goldman Sachs prices $5.86 million capped participation notes linked to S&P 500
By Angela McDaniels
Tacoma, Wash., July 9 - Goldman Sachs Group, Inc. priced $5.86 million of 0% capped participation notes due July 21, 2011 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 the index return, subject to a maximum gain of 30% and a maximum loss of 5%.
Goldman, Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Capped participation notes
|
| Underlying index: | S&P 500
|
| Amount: | $5,855,000
|
| Maturity: | July 21, 2011
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus the index return; payout capped at 130% of par; floor of 95% of par
|
| Initial index level: | 1,273.4
|
| Pricing date: | July 7
|
| Settlement date: | July 21
|
| Underwriter: | Goldman, Sachs & Co.
|
| Fees: | 0.25%
|
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