Published on 4/13/2006 in the Prospect News Convertibles Daily.
New Issue: Goldman Sachs prices $15 million 8.4% notes mandatorily exchangeable for Wynn Resorts
By Angela McDaniels
Seattle, April 13 - The Goldman Sachs Group Inc. priced $15,000,546.40 of 8.4% notes due Oct. 17, 2006 mandatorily exchangeable for Wynn Resorts Ltd. stock, according to a 424B3 filing with the Securities and Exchange Commission.
Payout at maturity will be payable in stock or cash at Goldman Sachs' option.
| Issuer: | Goldman Sachs Group Inc.
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| Issue: | Mandatory exchangeable medium-term series B notes
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| Underlying stock: | Wynn Resorts Ltd.
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| Amount: | $15,000,546.40
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| Maturity: | Oct. 17, 2006
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| Coupon: | 8.4%
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| Price: | Par of $77.84
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| Exchange ratio: | 1, capped at $93.408, equivalent to 125.75% of stock price at issue
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| Pricing date: | April 7
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| Settlement date: | April 17
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| Agent: | Goldman, Sachs & Co.
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