By Marisa Wong
Madison, Wis., May 12 - Goldman Sachs Group Inc. priced $4.1 million of floating-rate total return index-linked notes due June 25, 2012 tied to the Dow Jones-UBS Energy Total Return Sub-Index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest will be paid quarterly and will equal Libor minus 26 basis points.
The notes will be automatically redeemed in whole if the closing level of the index is at or below 88% of the initial level on any trading day.
Holders of 100% of the notes may opt to have their notes redeemed in whole.
The payout at maturity or upon redemption will be par plus triple the index return minus three times the realized T-bill amount, less the final fee, which is equal to the face amount of the notes multiplied by three times a 0.2% annual rate.
The realized T-bill amount will equal the interest amount based on the prevailing three-month T-Bill auction high rate.
Goldman, Sachs & Co. is the agent.
| Issuer: | Goldman Sachs Group Inc.
|
| Issue: | Floating-rate total return index-linked notes
|
| Underlying index: | Dow Jones-UBS Energy Total Return Sub-Index
|
| Amount: | $4.1 million
|
| Maturity: | June 25, 2012
|
| Coupon: | Libor minus 26 bps
|
| Price: | Par
|
| Payout at maturity: | Par plus triple the index return minus three times the T-bill amount, less the final fee, which is equal to the face amount of notes times triple a 0.2% yearly rate
|
| Call option: | In whole if the closing level of the index is equal to or below 88% of the initial level on any trading day
|
| Put option: | In whole at the election of holders of 100% principal amount of notes
|
| Initial index level: | 243.8962
|
| Pricing date: | May 10
|
| Settlement date: | May 17
|
| Agent: | Goldman, Sachs & Co.
|
| Fees: | 0.1%
|
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