By Susanna Moon
Chicago, July 30 - Goldman Sachs Group, Inc. priced $331,000 of 0% index-linked notes due July 31, 2014 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain.
If the index falls but never closes below the 67% trigger level during the life of the notes, the payout will be par plus the absolute value of the return, up to a maximum return of $1,330 for each $1,000 principal amount.
Otherwise, investors will be fully exposed to any losses.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked notes
|
| Underlying index: | S&P 500
|
| Amount: | $331,000
|
| Maturity: | July 31, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain; par plus absolute return capped at 33% if index falls but never dips below trigger level; otherwise, full exposure to any losses
|
| Initial level: | 1,360.02
|
| Trigger level: | 67% of initial index level
|
| Pricing date: | July 26
|
| Settlement date: | July 31
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 2.175%
|
| Cusip: | 38143U4R9
|
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