Published on 2/28/2011 in the Prospect News Structured Products Daily.
New Issue: Goldman Sachs prices $4.87 million leveraged notes linked to MSCI EAFE
By Angela McDaniels
Tacoma, Wash., Feb. 28 - Goldman Sachs Group, Inc. priced $4.87 million of 0% leveraged index-linked notes due Aug. 31, 2012 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.7 times any increase in the index, subject to a maximum settlement amount of $1,365.50 per $1,000 principal amount. Investors will be exposed to any decline in the index.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged index-linked notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $4,874,000
|
| Maturity: | Aug. 31, 2012
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.7 times any index gain, up to maximum return of 36.55%; exposure to any index decline
|
| Initial index level: | 1,714.78
|
| Pricing date: | Feb. 24
|
| Settlement date: | March 3
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.1%
|
| Cusip: | 38146M114
|
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