By Marisa Wong
Madison, Wis., July 2 - Goldman Sachs Group, Inc. priced $4.89 million of 0% leveraged buffered index-linked notes due July 23, 2015 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any index gain, subject to a maximum settlement amount of $1,300 for each $1,000 principal amount.
Investors will receive par if the index falls by up to 15% and will lose 1.1765% for every 1% decline beyond 15%.
The initial index level was set at 2,599.43, which is lower than the 2,602.59 closing level of the index on the pricing date.
Goldman Sachs & Co. is the underwriter.
Issuer: | Goldman Sachs Group, Inc.
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Issue: | Leveraged buffered index-linked notes
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Underlying index: | Euro Stoxx 50
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Amount: | $4.89 million
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Maturity: | July 23, 2015
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 150% of any index gain, capped at 30%; par if index falls by up to 15%; 1.1765% loss for every 1% decline beyond 15%
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Initial index level: | 2,599.43
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Pricing date: | June 28
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Settlement date: | July 8
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Underwriter: | Goldman Sachs & Co.
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Fees: | 1.675%
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Cusip: | 38147M626
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