By Susanna Moon
Chicago, Feb. 19 -Goldman Sachs Group, Inc. priced $15.5 million 0% medium-term notes, series B, due June 29, 2009 linked to a basket containing the MSCI EAFE index and the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.
The index has an 84% weight in the basket, and the exchange-traded fund has a 16% weight.
If the final basket return is positive, the payout at maturity will be par plus the gain, subject to a maximum return of 20.6%.
If the final basket return is negative but not below negative 20%, the payout will be par. Investors will lose 1.25% for each 1% that the return is below negative 20%.
Goldman, Sachs & Co. will be the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Medium-term notes, series B
|
| Underlying securities: | MSCI EAFE index (84% weight), iShares MSCI Emerging Markets index fund (16% weight)
|
| Amount: | $15.5 million
|
| Maturity: | June 29, 2009
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus the gain, capped at 20.6% return; par if basket return is negative 20% or better; loss of 1.25% for each 1% below negative 20%
|
| Initial levels: | 2,032 for MSCI EAFE; $139.71 for iShares fund
|
| Pricing date: | Feb. 14
|
| Settlement date: | Feb. 29
|
| Underwriter: | Goldman, Sachs & Co.
|
| Fees: | 0.1%
|
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