Published on 4/10/2003 in the Prospect News Convertibles Daily.
New Issue: Goldman Sachs sells $43.23 million 8% notes exchangeable for Lockheed
New York, April 10 - The Goldman Sachs Group, Inc. sold $43.23 million 8% notes mandatorily exchangeable for the common stock of Lockheed Martin Corp., according to a filing with the Securities and Exchange Commission.
| Issuer: | The Goldman Sachs Group, Inc.
|
| Issue: | Mandatorily exchangeable medium-term notes
|
| Amount: | $43,231,752.20
|
| Coupon: | 8.0%, payable quarterly
|
| Maturity: | April 12, 2004
|
| Price: | Par of $47.8492
|
| Payout at maturity: | One share of Lockheed Martin Corp. stock, capped at $55.2658 per share (15.5% above stock price of $47.8492 on pricing date)
|
| Underwriter: | Goldman, Sachs & Co.
|
| Pricing date: | April 3
|
| Settlement: | April 10
|
| Cusip: | 38141G245
|
|
|
© 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.
