By Jennifer Chiou
New York, Aug. 11 - Goldman Sachs Group, Inc. priced $10 million of 0% index-linked trigger notes due Feb. 19, 2013 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
A trigger event occurs if the index closes below 60% of the initial level during the life of the notes.
If a trigger event occurs, the payout at maturity will be par plus the index return, with exposure to losses and subject to a cap of 13.3%.
If a trigger event does not occur, the payout will be par plus 13.3%.
Goldman Sachs & Co. is the agent.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked trigger notes
|
| Underlying index: | S&P 500
|
| Amount: | $10 million
|
| Maturity: | Feb. 19, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index falls by more than 40% during life of notes, par plus index return with exposure to losses and cap of 13.3%.; otherwise, par plus 13.3%.
|
| Initial index level: | 1,172.53
|
| Pricing date: | Aug. 9
|
| Settlement date: | Aug. 16
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 0.4%
|
| Cusip: | 38143UXU0
|
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