Published on 1/22/2003 in the Prospect News Convertibles Daily.
New Issue: Goldman sells $7.5 million 8.85% mandatorily exchangeable for Tyco
New York, Jan. 22 - The Goldman Sachs Group, Inc. sold $7.5 million of 8.85% notes mandatorily exchangeable for the common stock of Tyco International Ltd., according to a filing with the Securities and Exchange Commission.
| Issuer: | The Goldman Sachs Group, Inc.
|
| Issue: | Mandatorily exchangeable medium-term notes
|
| Amount: | $7,500,485.24
|
| Maturity: | Jan. 23, 2004
|
| Coupon: | 8.85% payable quarterly beginning April 23
|
| Price: | Par of $17.3542
|
| Exchange ratio: | 1, subject to cap of 125% of initial price $17.3542 or $21.69
|
| Underwriter: | Goldman, Sachs & Co.
|
| Pricing date: | Jan. 14, 2003
|
| Settlement: | Jan. 22, 2003
|
| Cusip: | 38141G336
|
|
|
© 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.
