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Published on 2/14/2014 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $645,000 million more leveraged buffered notes on Euro Stoxx

By Jennifer Chiou

New York, Feb. 14 - Goldman Sachs Group, Inc. priced $645,000 of additional 0% leveraged buffered notes due Aug. 23, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The company previously priced $21.98 million of the notes on Aug. 16, $3.72 million on Aug. 23, 2013, $4.44 million on Aug. 30, $2.78 million on Sept. 27, $585,000 on Oct. 18 and $3,262,000 on Feb. 10. The total issue size is now $37.41 million.

The original notes priced at par, while the first add-on priced at 98.5, the second add-on priced at 95.85, the third add-on priced at 102.9, the fourth add-on priced at 109.1, the fifth add-on priced at 105.2 and the sixth priced at 107.8.

The payout at maturity will be par plus 1.8 times any index gain. Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% decline beyond 20%.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged buffered notes
Underlying index:Euro Stoxx 50
Amount:$37,408,000, increased from original $21,983,000
Maturity:Aug. 23, 2018
Coupon:0%
Price:Par for original issue; 98.5 for first add-on; 95.85 for second add-on; 102.9 for third add-on; 109.1 for fourth add-on; 105.2 for fifth add-on; 107.8 for sixth add-on
Payout at maturity:Par plus 180% of any index gain; par if index falls by up to 20%; 1.25% loss for every 1% decline beyond 20%
Initial index level:2,854.27
Pricing dates:Aug. 16 for original $21,983,000; Aug. 23 for $3,718,000 add-on; Aug. 30 for $4,438,000 add-on; Sept. 27 for $2,777,000 add-on; Oct. 18 for $585,000 add-on; Feb. 10 for $3,262,000 add-on; Feb. 12 for $645,000 add-on
Settlement dates:Aug. 23 for original issue; Aug. 30 for first add-on; Sept. 9 for second add-on; Oct. 4 for third add-on; Oct. 25 for fourth add-on; Feb. 18 for fifth add-on; Feb. 20 for sixth add-on
Underwriter:Goldman Sachs & Co.
Fees:1.42% for original issue; 1.115% for first add-on; 1.125% for second add-on; 0.91% for third add-on; 0.76% for fourth add-on; 0.3% for fifth and sixth add-ons
Cusip:38147QNW2

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