By Susanna Moon
Chicago, July 24 - Goldman Sachs Group, Inc. priced $3.74 million of 0% leveraged buffered index-linked notes due Nov. 13, 2015 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any index gain, up to a maximum settlement amount of $1,246.00 for each $1,000 face amount.
Investors will receive par if the index falls by up to 15% and will lose 1.1765% for every 1% decline beyond 15%.
The initial level was set higher than the actual closing level of the index at pricing, which was 1,746.80.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged buffered index-linked notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $3,737,000
|
| Maturity: | Nov. 13, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 150% of any index gain, capped at 24.6%; par if index falls by up to 15%; 1.1765% loss per 1% drop beyond 15%
|
| Initial index level: | 1,747.89
|
| Pricing date: | July 22
|
| Settlement date: | July 29
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 1.925%
|
| Cusip: | 38147M790
|
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