By Angela McDaniels
Tacoma, Wash., July 29 - Goldman Sachs Group, Inc. priced $25.03 million of 0% leveraged buffered basket-linked notes due Sept. 4, 2014, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the S&P 500 index with a 67% weight and the MSCI EAFE index with a 33% weight.
The payout at maturity will be par plus 1.2 times any increase in the basket level. Investors will receive par if the basket declines by 20% or less and will lose 1.25% for every 1% that it declines beyond 20%.
The initial index levels selected by the issuer are different than the indexes' actual closing levels on the pricing date. The initial level is 1,316.54 for the S&P 500, versus an actual closing level of 1,304.89, and 1,691.20 for the MSCI EAFE, versus an actual closing level of 1,696.97.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged buffered basket-linked notes
|
| Underlying indexes: | S&P 500 index (67% weight) and MSCI EAFE (33% weight)
|
| Amount: | $25,033,000
|
| Maturity: | Sept. 4, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.2 times any basket gain; par if basket falls by 20% or less; 1.25% loss for every 1% basket declines beyond 20%
|
| Initial index levels: | 1,316.54 for S&P 500 and 1,691.20 for MSCI EAFE
|
| Pricing date: | July 27
|
| Settlement date: | Aug. 3
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.25%
|
| Cusip: | 38146Q420
|
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