By Susanna Moon
Chicago, Oct. 15 – Goldman Sachs Group, Inc. priced $12 million of 0% autocallable securities due Nov. 3, 2015 linked to the performance of the Indonesian rupiah relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be called at par plus an annual call premium of 18.375% if the currency closes at or below 101.5% of the initial exchange rate on any quarterly observation date.
If the currency return is at least negative 1.5%, the payout at maturity will be par plus $1,245 for each $1,000 principal amount.
If the currency falls by up to 10%, the payout will be par.
Otherwise, investors will be fully exposed to any losses.
Goldman, Sachs & Co. is the agent.
| Issuer: | Goldman Sachs Group, Inc.
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| Issue: | Autocallable securities
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| Underlying currency: | Indonesian rupiah, relative to dollar
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| Amount: | $12 million
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| Maturity: | Nov. 3, 2015
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If return is at least negative 1.5%, par plus 24.5%; if currency falls by up to 10%, par; otherwise, full exposure to any losses
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| Call: | At par plus call premium of 18.375% annualized if currency closes at or below 101.5% of the initial exchange rate on any quarterly observation date
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| Initial spot rate: | 12,207
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| Pricing date: | Oct. 10
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| Settlement date: | Oct. 20
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| Agent: | Goldman, Sachs & Co.
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| Fees: | 0.1%
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| Cusip: | 38147QKR6
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