Published on 7/14/2003 in the Prospect News Convertibles Daily.
New Issue: Goldman Sachs prices $16.72 million 7% notes exchangeable for Cendant
New York, July 14 - The Goldman Sachs Group, Inc. priced $16.72 million 7% notes mandatorily exchangeable for the common stock of Cendant Corp., according to a filing with the Securities and Exchange Commission.
| Issuer: | The Goldman Sachs Group, Inc.
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| Issue: | Mandatorily exchangeable medium-term notes
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| Amount: | $16.720 million
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| Maturity: | July 15, 2004
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| Coupon: | 7.0%
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| Price: | Par of $18.6627
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| Payout at maturity: | 1 share of Cendant Corp. common stock in cash or stock, capped at $21.4621, 15% above initial price
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| Pricing date: | July 7
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| Settlement: | July 14
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| Underwriter: | Goldman, Sachs & Co.
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| Cusip: | 38141G120
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