Published on 1/30/2008 in the Prospect News Structured Products Daily.
New Issue: Goldman Sachs prices $8.99 million 0% absolute return trigger notes linked to MSCI EAFE
By Laura Lutz
Des Moines, Jan. 30 - Goldman Sachs Group, Inc. priced $8.99 million of 0% absolute return trigger notes due May 11, 2009 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index stays within 19.5% of its initial level during the life of the notes, the payout will be par plus the absolute value of the index return.
If the index ever closes above or below its initial level by more than 19.5%, the payout will be par.
Goldman, Sachs & Co. is the underwriter.
Issuer: | Goldman Sachs Group, Inc.
|
Issue: | Absolute return trigger notes
|
Underlying index: | MSCI EAFE
|
Amount: | $8.99 million
|
Maturity: | May 11, 2009
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | If index stays within 19.5% of initial level, par plus absolute value of index return; otherwise, par
|
Initial level: | 2,004.28
|
Lower barrier: | 1,621.463, 80.5% of initial level
|
Upper barrier: | 2,387.097, 119.5% of initial level
|
Pricing date: | Jan. 28
|
Settlement date: | Feb. 11
|
Underwriter: | Goldman, Sachs & Co.
|
Fees: | 0.1%
|
© 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.