By Susanna Moon
Chicago, Oct. 17 - Goldman Sachs Group, Inc. priced $11.06 million of 0% leveraged buffered index-linked notes due Aug. 7, 2013 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any index gain, up to a maximum settlement amount of $1,336 per $1,000 of notes.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.
The initial index level is lower than the closing level at pricing, which was 1,203.66.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged buffered index-linked notes
|
| Underlying index: | S&P 500
|
| Amount: | $11,064,000
|
| Maturity: | Aug. 7, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of index gain, capped at 33.6%; par if index falls by up to 10%; 1.1111% loss per 1% drop beyond 10%
|
| Initial index level: | 1,194.05
|
| Pricing date: | Oct. 13
|
| Settlement date: | Oct. 20
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.15%
|
| Cusip: | 38146R436
|
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