By Jennifer Chiou
New York, Nov. 4 - Goldman Sachs Group, Inc. priced $3.3 million of 0% leveraged buffered basket-linked notes due Nov. 9, 2015 tied to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Russell 1000 Growth index with a 30% weight, the Russell 1000 Value index with a 30% weight, the Russell Midcap Growth index with a 15% weight, the Russell Midcap Value index with a 15% weight, the S&P SmallCap 600 Growth index with a 5% weight and the S&P SmallCap 600 Value index with a 5% weight.
The payout at maturity will be par plus 1.1 times any basket gain.
Investors will receive par if the basket falls by up to 30% and will be exposed to any losses beyond 30% at a rate of 1.4286% per 1% drop.
Goldman Sachs & Co. is the underwriter.
Issuer: | Goldman Sachs Group, Inc.
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Issue: | Leveraged buffered basket-linked notes
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Underlying indexes: | Russell 1000 Growth (30% weight), Russell 1000 Value (30% weight), Russell Midcap Growth (15% weight), Russell Midcap Value (15% weight), S&P SmallCap 600 Growth (5% weight) and S&P SmallCap 600 Value (5% weight)
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Amount: | $3,297,000
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Maturity: | Nov. 9, 2015
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.1 times any basket gain; par if the basket falls by up to 30%; investors exposed to any losses beyond 30% at a rate of 1.4286% per 1% drop
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Pricing date: | Nov. 2
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Settlement date: | Nov. 9
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Underwriter: | Goldman Sachs & Co.
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Fees: | 1.9%
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Cusip: | 38143UG47
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