Published on 12/9/2009 in the Prospect News Structured Products Daily.
New Issue: Goldman Sachs prices $10.97 million 0% buffered notes linked to basket of 29 stocks
By Jennifer Chiou
New York, Dec. 9 - Goldman Sachs Group, Inc. priced $10.97 million of 0% buffered notes due Dec. 21, 2011 linked to a basket of 29 stocks, according to a 424B2 filing with the Securities and Exchange Commission.
If the basket return is positive, the payout at maturity will be par plus the return, capped at 30%. Investors will receive par for losses up to 10% and will share in losses at a rate of 1.1111% per 1% drop beyond 10%.
The basket includes equal weights of Archer Daniels Midland Co., Bunge Ltd., Campbell Soup Co., CF Industries Holdings, Inc., ConAgra Foods, Inc., Corn Products International Inc., Dean Foods Co., Del Monte Foods Co., Flowers Foods, Inc., General Mills Inc., Herbal Life Ltd., Hershey Co., HJ Heinz Co., Hormel Foods Corp., Intrepid Potash, Inc., J.M. Smucker Co., Kellogg Co., Kraft Foods Inc., McCormick & Co. Inc., Monsanto Co., Mosaic Co., NBTY, Inc., Ralcorp Holdings Inc., Sara Lee Corp., Scotts Miracle-Gro Co., Smithfield Foods Inc., Sysco Corp., Terra Industries Inc. and Tyson Foods Inc.
Goldman, Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Buffered notes
|
| Underlying stocks: | Equal weights of Archer Daniels Midland Co., Bunge Ltd., Campbell Soup Co., CF Industries Holdings, Inc., ConAgra Foods, Inc., Corn Products International Inc., Dean Foods Co., Del Monte Foods Co., Flowers Foods, Inc., General Mills Inc., Herbal Life Ltd., Hershey Co., HJ Heinz Co., Hormel Foods Corp., Intrepid Potash, Inc., J.M. Smucker Co., Kellogg Co., Kraft Foods Inc., McCormick & Co. Inc., Monsanto Co., Mosaic Co., NBTY, Inc., Ralcorp Holdings Inc., Sara Lee Corp., Scotts Miracle-Gro Co., Smithfield Foods Inc., Sysco Corp., Terra Industries Inc. and Tyson Foods Inc.
|
| Amount: | $10.97 million
|
| Maturity: | Dec. 21, 2011
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus the basket return, capped at 30%; investors will receive par for losses up to 10% and will share in losses at a rate of 1.1111% per 1% drop beyond 10%
|
| Pricing date: | Dec. 7
|
| Settlement date: | Dec. 21
|
| Underwriter: | Goldman, Sachs & Co.
|
| Fees: | 0.175%
|
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