By Jennifer Chiou
New York, Jan. 22 – Goldman Sachs Group, Inc. priced an additional $$25 million of 0% notes due April 9, 2015 linked to the Topix index, bringing the total amount to $50 million, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus the index return, with full exposure to any losses.
As reported, the initial index level of 1,374.08 is higher than the actual closing level of the index on the trade date, which was 1,361.14.
Goldman Sachs & Co. is the underwriter.
Issuer: | Goldman Sachs Group, Inc.
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Issue: | Notes
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Underlying index: | Topix
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Amount: | $50 million (up from original $25 million)
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Maturity: | April 9, 2015
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Coupon: | 0%
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Price: | 99.97 for original $25 million; 99.71 for $25 million reopened notes
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Payout at maturity: | Par plus index return, with full exposure to losses
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Initial index level: | 1,374.08
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Pricing date: | Jan. 6 for original $25 million; Jan. 20 for reopened notes
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Settlement date: | Jan. 13 for original $25 million; Jan. 27 for reopened notes
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Underwriter: | Goldman Sachs & Co.
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Fees: | 0.3% for original notes; 0.27% for reopened notes
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Cusip: | 38148L148
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