New Issue: Goldman prices $3.4 million equity-linked trigger notes tied to Apple

By Toni Weeks

San Diego, July 31 - Goldman Sachs Group, Inc. priced $3.4 million of 0% equity-linked trigger notes due Aug. 14, 2013 linked to the common stock of Apple Inc., according to a 424B2 filing with the Securities and Exchange Commission.

A trigger event occurs if the stock closes below 80% of its initial price on the determination date, which is Aug. 9, 2013.

If a trigger event occurs, the payout at maturity will be par plus the stock return. If a trigger event does not occur, the payout will be par plus the greater of a contingent minimum return of 10.5% and the stock return, subject to a maximum settlement amount of $1,200 per $1,000 principal amount of notes.

Goldman Sachs & Co. is the underwriter, and J.P. Morgan Securities LLC is the agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Equity-linked trigger notes
Underlying stock:	Apple Inc. (Nasdaq: AAPL)
Amount:	$3.4 million
Maturity:	Aug. 14, 2013
Coupon:	0%
Price:	Par
Payout at maturity:	If stock closes below 80% of initial price on Aug. 9, 2013, par plus stock return; otherwise, par plus greater of stock return and 10.5%, subject to maximum payment of $1,200 per $1,000 principal amount
Initial price:	$585.45
Pricing date:	July 27
Settlement date:	Aug. 1
Underwriter:	Goldman Sachs & Co. with J.P. Morgan Securities as agent
Fees:	1.1%
Cusip:	38143U5G2

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