Published on 7/19/2010 in the Prospect News Structured Products Daily.
New Issue: Goldman Sachs prices $6.11 million buffered index-linked notes on S&P 500
By Jennifer Chiou
New York, July 19 - Goldman Sachs Group, Inc. priced $6.11 million of 0% buffered index-linked notes due Sept. 12, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain.
Investors will receive par if the index falls by up to 30% and will be exposed to any decline beyond 30%.
Goldman, Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Buffered index-linked notes
|
| Underlying index: | S&P 500
|
| Amount: | $6.11 million
|
| Maturity: | Sept. 12, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus index gain; exposure to losses beyond 30%
|
| Initial index level: | 1,092.02
|
| Pricing date: | July 15
|
| Settlement date: | July 22
|
| Underwriter: | Goldman, Sachs & Co.
|
| Fees: | 0.25%
|
| Cusip: | 38145X848
|
© 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.
