Published on 2/11/2011 in the Prospect News Structured Products Daily.
New Issue: Goldman prices $9.98 million leveraged index-linked notes on MSCI EAFE
By Jennifer Chiou
New York, Feb. 11 - Goldman Sachs Group, Inc. priced $9.98 million of 0% leveraged index-linked notes due May 31, 2012 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any index gain, up to the maximum settlement amount of $1,267 per $1,000 principal amount of notes.
Investors will be exposed to any losses.
Goldman, Sachs & Co. is the underwriter.
Issuer: | Goldman Sachs Group, Inc.
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Issue: | Leveraged index-linked notes
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Underlying index: | MSCI EAFE
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Amount: | $9,982,000
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Maturity: | May 31, 2012
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 300% of any index gain, capped at 26.7%; exposure to losses
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Initial index level: | 1,739.42 (lower than the actual closing level of 1,740.72 on trade date)
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Pricing date: | Feb. 9
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Settlement date: | Feb. 16
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Underwriter: | Goldman, Sachs & Co.
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Fees: | 0.1%
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Cusip: | 38146M288
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