By Toni Weeks
San Luis Obispo, Calif., March 28 - Goldman Sachs Group, Inc. priced $95,000 of variable-coupon index-linked notes due March 27, 2020 linked to the Dow Jones industrial average, the MSCI EASEA index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest will be payable annually. For each $1,000 principal amount of notes, the coupon will be
• $2.50 if all three indexes close below their respective initial levels on the annual coupon observation date;
• $10.00 if only one of the three indexes closes at or above its initial level on the coupon observation date;
• $20.00 if only two of the three indexes close at or above their initial levels on the coupon observation date; or
• $60.00 if all three indexes close at or above their initial levels.
The payout at maturity will be par plus the final coupon.
Goldman Sachs & Co. is the agent.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Variable-coupon index-linked notes
|
| Underlying indexes: | Dow Jones industrial average, MSCI EASEA index and Euro Stoxx 50 index
|
| Amount: | $95,000
|
| Maturity: | March 27, 2020
|
| Coupon: | Per $1,000 principal amount of notes, 0.25% if all indexes are less than initial levels, 1% if only one index finishes at or above initial level, 2% if only two indexes finish at or above initial levels and 6% if all three indexes finish at or above initial levels; measured from pricing date to applicable annual coupon observation date; payable annually
|
| Price: | Par
|
| Payout at maturity: | Par
|
| Initial levels: | 14,559.65 for the Dow, 1,381.56 for MSCI EASEA and 2,641.12 for Euro Stoxx
|
| Pricing date: | March 26
|
| Settlement date: | March 28
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 4.375%
|
| Cusip: | 38141GNE0
|
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