By Susanna Moon
Chicago, Dec. 23 - Goldman Sachs Group, Inc. priced $11.5 million of 0% leveraged buffered index fund-linked notes due Jan. 25, 2013 tied to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus double any fund gain, up to a maximum settlement amount of $1,278 per $1,000 principal amount.
Investors will receive par if the shares fall by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged buffered index fund-linked notes
|
| Underlying fund: | iShares MSCI Emerging Markets index fund
|
| Amount: | $11.5 million
|
| Maturity: | Jan. 25, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any fund gain, capped at 27.8%; par if shares fall by up to 10%; 1.1111% loss for each 1% drop beyond 10%
|
| Initial level: | $37.84
|
| Pricing date: | Dec. 21
|
| Settlement date: | Dec. 27
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.1%
|
| Cusip: | 38143UK67
|
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