By Jennifer Chiou
New York, Oct. 31 - Goldman Sachs Group, Inc. priced $33 million of 0% commodity strategy-linked notes due Nov. 4, 2013 linked to the Goldman Sachs Enhanced Strategy E143 on the Dow Jones-UBS Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.
The strategy reflects the excess returns that are potentially available through an unleveraged investment in the same commodities that are included in the Dow Jones-UBS Commodity index. The strategy is also calculated on a basis similar to that of the index but is modified to apply certain dynamic and seasonal rolling rules.
The notes priced at 98.
The payout at maturity will be par plus the strategy return, with full exposure to losses.
Goldman, Sachs & Co. is the agent.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Commodity strategy-linked notes
|
| Underlying strategy: | Goldman Sachs Enhanced Strategy E143 on the Dow Jones-UBS Commodity index
|
| Amount: | $33 million
|
| Maturity: | Nov. 4, 2013
|
| Coupon: | 0%
|
| Price: | 98
|
| Payout at maturity: | Par strategy return; full exposure to losses
|
| Initial strategy level: | 373.80
|
| Pricing date: | Oct. 27
|
| Settlement date: | Nov. 3
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.175%
|
| Cusip: | 38143UYY1
|
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