By Angela McDaniels
Tacoma, Wash., April 27 - Goldman Sachs Group, Inc. priced $1.63 million of variable-interest basket-linked notes due May 2, 2016 linked to the 30 stocks that are included in the Dow Jones Industrial Average, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will pay a coupon each year equal to the average of the 30 stocks' returns, subject to a minimum coupon of 1% each year. Each stock's return will be subject to a cap of 10%.
The payout at maturity will be par.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Variable-interest basket-linked notes
|
| Underlying stocks: | The 30 stocks that make up the Dow Jones Industrial Average
|
| Amount: | $1.63 million
|
| Maturity: | May 2, 2016
|
| Coupon: | Equal to average of stocks' returns, subject to minimum of 1%; payable annually; each stocks' return capped at 10%
|
| Price: | Par
|
| Payout at maturity: | Par
|
| Pricing date: | April 25
|
| Settlement date: | May 2
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 4.6%
|
| Cusip: | 38143UTW1
|
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