By Susanna Moon
Chicago, April 10 - Goldman Sachs Group, Inc. priced $3 million 0% buffered notes due Oct. 13, 2016 linked to a basket of two equally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The underlying components are the S&P 500 index and the Russell 2000 index.
The payout at maturity par plus any basket gain, up to the maximum settlement amount of $1,268 per $1,000 principal amount of notes.
Investors will receive par if the basket falls by up to 15% and will lose 1.1765% for each 1% decline beyond 15%.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Buffered basket-linked notes
|
| Underlying basket: | S&P 500
|
| Amount: | $3 million
|
| Maturity: | Oct. 13, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any basket gain, capped at 26.8%; par if basket falls by up to 15%; 1.1765% loss per 1% decline beyond 15%
|
| Initial index levels: | 1,851.96 for S&P, 1,144.236 for Russell
|
| Pricing date: | April 8
|
| Settlement date: | April 15
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 1.8%
|
| Cusip: | 38148A696
|
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