By Jennifer Chiou
New York, April 25 - Goldman Sachs Group Inc. priced $3.5 million of floating-rate total return index-linked notes due June 10, 2013 linked to the Dow Jones-UBS Softs Total Return sub-index, according to a 424B2 filing with the Securities and Exchange Commission.
The interest rate is Libor minus 41 basis points. Interest is payable quarterly.
The notes are putable if requested by all holders. They will be automatically called if the index closes at or below 88% of the initial index level on any trading day.
The payout at maturity or upon redemption will be par plus triple the sum of the index return minus the realized T-bill amount minus a fee of 0.3% per year.
The realized T-bill amount is 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 Softs Total Return sub-index
|
| Amount: | $3.5 million
|
| Maturity: | June 10, 2013
|
| Coupon: | Libor minus 41 bps, payable quarterly
|
| Price: | Par
|
| Payout at maturity: | Par plus triple the sum of the index return minus the T-bill amount minus a fee of 0.3% per year
|
| Call: | Automatically if index closes at or below 88% of the initial index level on any trading day
|
| Put option: | If requested by all holders
|
| Initial index level: | 156.5705
|
| Pricing date: | April 23
|
| Settlement date: | April 30
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 0.1%
|
| Cusip: | 38143U2V2
|
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