By Angela McDaniels
Tacoma, Wash., June 15 - Goldman Sachs Group, Inc. priced $22.65 million of 0% basket-linked trigger notes due Dec. 18, 2013 linked to two exchange-traded funds, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the iShares MSCI Brazil index fund with a 70% weight and the iShares MSCI Mexico Investable Market index fund with a 30% weight.
A trigger event will occur if the basket's final level has declined from the initial level by more than 21%.
If a trigger event occurs, investors will be fully exposed to the basket decline. If a trigger event does not occur, the payout will be par plus the greater of the basket return and 5%.
Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as dealer.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Basket-linked trigger notes
|
| Underlying ETFs: | iShares MSCI Brazil index fund (70% weight) and iShares MSCI Mexico Investable Market index fund (30% weight)
|
| Amount: | $22,654,000
|
| Maturity: | Dec. 18, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If basket's final level has declined from initial level by more than 21%, full exposure to decline; otherwise, par plus greater of basket return and 5%
|
| Initial share prices: | $51.60 for Brazil fund and $54.89 for Mexico fund
|
| Pricing date: | June 13
|
| Settlement date: | June 18
|
| Underwriter: | Goldman Sachs & Co.
|
| Dealer: | J.P. Morgan Securities LLC
|
| Fees: | 1.4%
|
| Cusip: | 38143UZ46
|
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