By Jennifer Chiou
New York, Jan. 22 - Goldman Sachs Group, Inc. priced a further $25 million of 0% notes due April 10, 2014 linked to the Topix index, lifting the total amount to $75 million, according to a 424B2 filing with the Securities and Exchange Commission.
The original $50 million of notes priced at 100.08, and the reopened notes priced at 99.66.
The payout at maturity will be par plus the index return. If that return is negative, investors will receive less than par.
The initial index level set for the notes, 1,295.70, is higher than the actual closing level of the index on the pricing date, which was 1,292.15.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | Topix
|
| Amount: | $75 million (up from original $50 million)
|
| Maturity: | April 10, 2014
|
| Coupon: | 0%
|
| Price: | 100.08 for original $50 million; 99.66 for $25 million
|
| Payout at maturity: | Par plus index return, with exposure to any losses
|
| Initial index level: | 1,295.70
|
| Pricing date: | Jan. 6 for $50 million; Jan. 17 for $25 million
|
| Settlement date: | Jan. 13 for original notes; Jan. 27 for reopened notes
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.31% for original $50 million; 0.27% for reopened notes
|
| Cusip: | 38147V287
|
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