By Jennifer Chiou
New York, Feb. 21 - Goldman Sachs Group, Inc. priced $11,937,000 of 0% leveraged index-linked notes due Aug. 23, 2013 linked 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 quadruple any index gain, up to the maximum settlement amount of $1,244 per $1,000 principal amount of notes.
Investors will be exposed to any losses.
The initial index level, 1,346.34, is higher than the actual closing level of the index on the trade date: 1,358.04.
Goldman Sachs & Co. is agent.
Issuer: | Goldman Sachs Group, Inc.
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Issue: | Leveraged index-linked notes
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Underlying index: | S&P 500
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Amount: | $11,937,000
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Maturity: | Aug. 23, 2013
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 400% of any index gain, capped at 24.4%; exposure to losses
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Initial index level: | 1,346.34
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Pricing date: | Feb. 16
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Settlement date: | Feb. 24
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Agent: | Goldman Sachs & Co.
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Fees: | 0.1%
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Cusip: | 38147A275
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