By Toni Weeks
San Luis Obispo, Calif., Feb. 20 - Goldman Sachs Group, Inc. priced $19.5 million of 0% index-linked trigger notes due Aug. 20, 2014 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is greater than or equal to 80% of the initial index level, the payout at maturity will be par plus the greater of 7% and the index return.
If the final index level is less than 80% of the initial index level, investors will be fully exposed to the index's decline from its initial level.
Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as agent.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked trigger notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $19.5 million
|
| Maturity: | Aug. 20, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If final index level is at least 80% of initial level, par plus greater of 7% and index return; otherwise full exposure to index decline from initial level
|
| Initial index level: | 2,615.26
|
| Trigger level: | 80% of initial level
|
| Pricing date: | Feb. 15
|
| Settlement date: | Feb. 21
|
| Underwriter: | Goldman Sachs & Co. with J.P. Morgan Securities LLC as dealer
|
| Fees: | 1.35%
|
| Cusip: | 38141GNX8
|
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