By Angela McDaniels
Tacoma, Wash., June 4 - Goldman Sachs Group, Inc. priced $20 million of additional 0% notes due Oct. 1, 2013 linked to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.
The add-on priced at 111.69. The original $50 million of notes priced at 99.86 on March 14. The total issue size is now $70 million.
The payout at maturity will be par plus the index return. If the index return is negative, investors will receive less than par.
The initial index level set for the notes, 1,035.236, is lower than the actual closing level of the index on the pricing date, which was 1,038.17.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | Topix
|
| Amount: | $70 million, increased from $50 million
|
| Maturity: | Oct. 1, 2013
|
| Coupon: | 0%
|
| Price: | 99.86 for original $50 million; 111.69 for $20 million add-on
|
| Payout at maturity: | Par plus index return
|
| Initial index level: | 1,035.236
|
| Pricing dates: | March 14 for original issue; May 31 for add-on
|
| Settlement dates: | March 21 for original issue; June 7 for add-on
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.45% for original issue; 0.225% for add-on
|
| Cusip: | 38147K620
|
© 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.
