By Marisa Wong
Madison, Wis., July 16 - Goldman Sachs Group, Inc. priced $2.19 million of 0% leveraged buffered index-linked notes due July 21, 2014 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par of $1,000 plus triple the index gain, up to a maximum settlement amount of $1,372.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% index decline beyond the 10% buffer.
The initial index level of 1,386.56 is higher than the index closing level on the pricing date, which was 1,385.21.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged buffered index-linked notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $2,193,000
|
| Maturity: | July 21, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is positive, par plus 300% of the index return, up to a cap of 37.2%; par if index falls by up to 10%; 1.1111% loss for every 1% decline in the index beyond 10%
|
| Initial index level: | 1,386.56
|
| Pricing date: | July 12
|
| Settlement date: | July 19
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 1.675%
|
| Cusip: | 38147B570
|
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