Published on 3/28/2013 in the Prospect News Structured Products Daily.
New Issue: Goldman sells $2.19 million more leveraged buffered notes on Euro Stoxx
By Marisa Wong
Madison, Wis., March 28 - Goldman Sachs Group, Inc. priced an additional $2.19 million of 0% leveraged buffered index-linked notes due March 1, 2018 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
This brings the total issue size to $7.68 million. Goldman Sachs priced an initial $5.49 million of notes on Feb. 22.
If the index return is positive, the payout at maturity will be par plus 195% of the index return. Investors will receive par if the index falls by up to 20% and lose 1.25% for every 1% decline in the index beyond 20%.
Goldman, Sachs & Co. is the underwriter.
Issuer: | Goldman Sachs Group, Inc.
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Issue: | Leveraged buffered index-linked notes
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Underlying index: | Euro Stoxx 50 Index
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Amount: | $7.68 million (increased from $5,493,000)
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Maturity: | March 1, 2018
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index return is positive, par plus 195% of the index return; par if index falls by up to 20%; 1.25% loss for every 1% decline in index beyond 20%
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Initial index level: | 2,630.05
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Pricing date: | Feb. 22 for $5,493,000, March 26 for $2,187,000
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Settlement date: | March 1 for original notes, April 2 for reopened notes
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Underwriters: | Goldman, Sachs & Co.
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Fees: | 2.66% for original notes, 2.06% for reopened notes
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Cusip: | 38141GPK4
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