By Susanna Moon
Chicago, Oct. 23 - Goldman Sachs Group, Inc. priced another $9.4 million of 0% commodity index-linked notes due March 5, 2013 linked to the Goldman Sachs Enhanced Strategy E85 on the Dow Jones - UBS Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes priced at 101.65. The issuer originally sold $5.14 million of the notes on Oct. 12 at par.
The payout at maturity will be par plus the strategy return if the strategy increases or if it falls by up to 10%, up to a maximum payout of $1,500 per $1,000 principal amount of notes.
Investors will receive $900 per note if the strategy finishes below 90% of the initial strategy level.
Goldman, Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Commodity index-linked notes
|
| Underlying strategy: | Goldman Sachs Enhanced strategy E85 on the Dow Jones - UBS Commodity index
|
| Amount: | $14.54 million, upsized from $5.14 million
|
| Maturity: | March 5, 2013
|
| Coupon: | 0%
|
| Price: | Par for $5.14 million, 101.65 for $9.4 million
|
| Payout at maturity: | Par plus strategy return if strategy increases or if it falls by 10% or less, capped at 50%; if strategy drops by more than 10%, $900 per note
|
| Initial strategy level: | 229.5
|
| Pricing date: | Oct. 12 for $5.14 million, Oct. 21 for $9.4 million
|
| Settlement date: | Oct. 26
|
| Underwriter: | Goldman, Sachs & Co.
|
| Fees: | 0.25%
|
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