By Marisa Wong
Madison, Wis., June 15 - Goldman Sachs Group, Inc. priced $2.55 million of 0% leveraged index-linked notes due July 14, 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 triple any index gain, subject to a maximum settlement amount of $1,517.50 per $1,000 principal amount of notes.
Investors will be fully exposed to any index decline.
The initial index level, 1,352.02, was set lower than the actual closing level of the index at pricing, which was 1,363.06.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged index-linked notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $2,546,000
|
| Maturity: | July 14, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 300% of any index gain; full exposure to losses
|
| Initial index level: | 1,352.02
|
| Pricing date: | June 13
|
| Settlement date: | June 20
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 1.675%
|
| Cusip: | 38147B364
|
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