By Angela McDaniels
Tacoma, Wash., March 18 - Goldman Sachs Group, Inc. priced $50 million of 0% notes due Oct. 1, 2013 linked to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes priced at 99.86.
The payout at maturity will be par plus the index return. If the index return is negative, investors will receive less than par.
The initial index level set for the notes, 1,035.236, is lower than the actual closing level of the index on the pricing date, which was 1,038.17.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | Topix
|
| Amount: | $50 million
|
| Maturity: | Oct. 1, 2013
|
| Coupon: | 0%
|
| Price: | 99.86
|
| Payout at maturity: | Par plus index return
|
| Initial index level: | 1,035.236
|
| Pricing date: | March 14
|
| Settlement date: | March 21
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.45%
|
| Cusip: | 38147K620
|
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