By Jennifer Chiou
New York, July 17 - The Goldman Sachs Group Inc. priced $23.205 million of basket-linked notes due July 26, 2012, according to a 424B2 filing with the Securities and Exchange Commission.
The underlying indexes include the Dow Jones Euro Stoxx 50 with a 47% weight, the FTSE 100 with a 41% weight and the Swiss Market with a 12% weight.
Payout at maturity will be determined according to the basket value on the determination date. Any gain will be multiplied by a participation rate of 150%. Investors will receive par for losses up to 20% and will share in losses at a rate of 1.25% for each 1% drop beyond 20%.
Goldman, Sachs & Co. is the agent.
Issuer: | The Goldman Sachs Group Inc.
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Issue: | Medium-term notes, series B
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Underlying indexes: | Dow Jones Euro Stoxx 50 (47% weight), FTSE 100 (41% weight), Swiss Market (12% weight)
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Amount: | $23.205 million
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Maturity: | July 26, 2012
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 150% of the basket return; par for losses up to 20%; investors will share in losses at a rate of 1.25% for each 1% drop beyond 20%
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Pricing date: | July 13
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Settlement date: | July 26
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Agent: | Goldman, Sachs & Co.
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Fees: | 0.35%
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