By Toni Weeks
San Luis Obispo, Calif., Aug. 6 - Goldman Sachs Group, Inc. priced $1.36 million of 0% leveraged index-linked notes due Aug. 20, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus two times any index gain, up to a maximum settlement amount of $1,158 per $1,000 principal amount.
Investors will be fully exposed to losses if the index declines.
The final index level will be the average of the closing index levels on five trading days ending Aug. 15, 2014.
Goldman Sachs & Co. is the underwriter. J.P. Morgan Securities LLC is the agent.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged index-linked notes
|
| Underlying index: | S&P 500
|
| Amount: | $1.36 million
|
| Maturity: | Aug. 20, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any index gain, up to a maximum payment of $1,158 per $1,000 principal amount; full exposure to any losses
|
| Initial index level: | 1,709.67
|
| Final index level: | Average of closing index levels on five averaging days ending Aug. 15, 2014
|
| Pricing date: | Aug. 2
|
| Settlement date: | Aug. 7
|
| Underwriter: | Goldman Sachs & Co. with J.P. Morgan Securities LLC as agent
|
| Fees: | 1.1%
|
| Cusip: | 38147QJJ6
|
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