Published on 5/15/2013 in the Prospect News Structured Products Daily.
New Issue: Goldman Sachs prices $3.62 million buffered notes linked to basket of 20 stocks, ADSs
By Toni Weeks
San Luis Obispo, Calif., May 15 - Goldman Sachs Group, Inc. priced $3.62 million of 0% buffered notes due May 20, 2016 linked to a basket of 20 common stocks and American Depositary Shares, according to a 424B2 filing with the Securities and Exchange Commission.
The equally weighted basket includes the common stocks of Agnico-Eagle Mines Ltd., AuRico Gold Inc., Barrick Gold Corp., Coeur d'Alene Mines Corp., Eldorado Gold Corp., First Majestic Silver Corp., Goldcorp Inc., Iamgold Corp., Kinross Gold Corp., New Gold Inc., Newmont Mining Corp., Pan American Silver Corp., Royal Gold, Inc., Silver Wheaton Corp. and Yamana Gold Inc. and the ADSs of AngloGold Ashanti Ltd., Compania de Minas Buenaventura SAA, Gold Fields Ltd., Harmony Gold Mining Co. Ltd. and Randgold Resources Ltd.
If the basket return is positive, the payout at maturity will be par plus the basket return, up to a maximum payment of $1,800 per $1,000 of notes.
Investors will receive par if the basket declines by up to 20% and will lose 1.25% for every 1% drop beyond 20%.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
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| Issue: | Buffered basket-linked notes
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| Underlying stocks/ADSs: | Agnico-Eagle Mines Ltd. (Symbol: AEM), AuRico Gold Inc. (Symbol: AUQ), Barrick Gold Corp. (Symbol: ABX), Coeur d'Alene Mines Corp. (Symbol: CDE), Eldorado Gold Corp. (Symbol: EGO), First Majestic Silver Corp. (Symbol: AG), Goldcorp Inc. (Symbol: GG), Iamgold Corp. (Symbol: IAG), Kinross Gold Corp. (Symbol: KGC), New Gold Inc. (Symbol: NGD), Newmont Mining Corp. (Symbol: NEM), Pan American Silver Corp. (Symbol: PAAS), Royal Gold, Inc. (Symbol: RGLD), Silver Wheaton Corp. (Symbol: SLW), Yamana Gold Inc. (Symbol: AUY), AngloGold Ashanti Ltd. (Symbol: AU), Compania de Minas Buenaventura SAA (Symbol: BVN), Gold Fields Ltd. (Symbol: GFI), Harmony Gold Mining Co. Ltd. (Symbol: HMY) and Randgold Resources Ltd. (Symbol: GOLD)
|
| Amount: | $3.62 million
|
| Maturity: | May 20, 2016
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If basket return is positive, par plus basket return, subject to maximum payment of $1,800 per $1,000 of notes; par if basket falls by up to 20%; 1.25% loss for every 1% decline in basket beyond 20%
|
| Initial prices: | $30.38 for Agnico-Eagle Mines Ltd., $4.87 for AuRico Gold Inc., $20.30 for Barrick Gold Corp., $14.11 for Coeur d'Alene Mines Corp., $7.31 for Eldorado Gold Corp., $11.28 for First Majestic Silver Corp., $29.17 for Goldcorp Inc., $5.47 for Iamgold Corp., $5.33 for Kinross Gold Corp., $7.26 for New Gold Inc., $32.62 for Newmont Mining Corp., $12.61 for Pan American Silver Corp., $53.21 for Royal Gold, Inc., $23.46 for Silver Wheaton Corp., $11.66 for Yamana Gold Inc., $18.47 for AngloGold Ashanti Ltd., $19.42 for Compania de Minas Buenaventura SAA, $6.56 for Gold Fields Ltd., $4.48 for Harmony Gold Mining Co. Ltd. and $76.61 for Randgold Resources Ltd.
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| Pricing date: | May 13
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| Settlement date: | May 20
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| Underwriter: | Goldman Sachs & Co.
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| Fees: | 1.18%
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| Cusip: | 38141GTN4
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