By Susanna Moon
Chicago, April 13 - Goldman Sachs Group, Inc. priced $7.45 million of 0% leveraged buffered index-linked notes due April 18, 2014 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus double any index gain, up to a maximum settlement amount of $1,322 per $1,000 of notes.
Investors will receive par if the index falls by up to 15% and will lose 1.1765% for every 1% decline beyond 15%.
The initial index level is higher than the actual closing level at pricing, which was 1,486.73.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged buffered index-linked notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $7,445,000
|
| Maturity: | April 18, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any index gain, capped at 32.2%; par if index falls by 15% or less; 1.1765% loss per 1% drop beyond 15%
|
| Initial index level: | 1,492.23
|
| Pricing date: | April 11
|
| Settlement date: | April 18
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.175%
|
| Cusip: | 38147A697
|
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