By Marisa Wong
Madison, Wis., July 2 - Goldman Sachs Group, Inc. priced $4.89 million of 0% leveraged buffered index-linked notes due July 23, 2015 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any index gain, subject to a maximum settlement amount of $1,300 for each $1,000 principal amount.
Investors will receive par if the index falls by up to 15% and will lose 1.1765% for every 1% decline beyond 15%.
The initial index level was set at 2,599.43, which is lower than the 2,602.59 closing level of the index on the pricing date.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged buffered index-linked notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $4.89 million
|
| Maturity: | July 23, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 150% of any index gain, capped at 30%; par if index falls by up to 15%; 1.1765% loss for every 1% decline beyond 15%
|
| Initial index level: | 2,599.43
|
| Pricing date: | June 28
|
| Settlement date: | July 8
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 1.675%
|
| Cusip: | 38147M626
|
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