By Marisa Wong
Madison, Wis., Dec. 28 - Deutsche Bank AG, London Branch priced $2 million of 0% trigger performance securities due Dec. 28, 2012 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.
If the fund return is positive, the payout at maturity will be par plus double the gain, capped at 28.6%.
Investors will receive par if the final fund level is at or above the trigger level - 70% of the initial price. If the final price is below the trigger level, investors will share fully in losses.
Deutsche Bank Securities is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Trigger performance securities
|
| Underlying ETF: | iShares MSCI Emerging Markets index fund
|
| Amount: | $2 million
|
| Maturity: | Dec. 28, 2012
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus double any fund gain, capped at 28.6%; par if fund finishes at or above trigger level; full exposure to losses if final price is below trigger level
|
| Initial level: | $46.61
|
| Trigger level: | $32.63, 70% of initial level
|
| Pricing date: | Dec. 23
|
| Settlement date: | Dec. 29
|
| Agent: | Deutsche Bank Securities Inc.
|
| Fees: | 0.25%
|
| Cusip: | 2515A12P5
|
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