By Jennifer Chiou
New York, Aug. 12 - Goldman Sachs Group, Inc. priced a $3.75 million add-on to its 0% notes due Feb. 16, 2010 linked to the S&P 500 index, raising the total amount to $78.85 million, according to a 424B2 filing with the Securities and Exchange Commission.
The original $75.1 million of notes priced at par on Aug. 1. The add-on priced at 100.43 on Aug. 8.
Payout at maturity will be par plus double any gain in the index, up to a maximum settlement amount of $1,195 per note.
Investors will receive par if the index falls by up to 15% and will lose 1.1765% for each 1% decline beyond 15%.
Goldman, Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | S&P 500
|
| Amount: | $78.85 million (including $3.75 million add-on)
|
| Maturity: | Feb. 16, 2010
|
| Coupon: | 0%
|
| Price: | Par for original notes; 100.43 for $3.75 million add-on
|
| Payout at maturity: | Par plus double any gain in the index, capped at 119.5% of par; par if index falls by up to 15% and 1.1765% loss for each 1% decline beyond 15%
|
| Initial index level: | 1,260
|
| Buffer level: | 15% of initial level
|
| Pricing date: | Aug. 1 for original notes; Aug. 8 for add-on
|
| Settlement date: | Aug. 15
|
| Underwriter: | Goldman, Sachs & Co.
|
| Fees: | 0.15%
|
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