By Susanna Moon
Chicago, Feb. 5 - Goldman Sachs Group, Inc. priced $3.03 million of 0% trigger leveraged currency-linked notes due Feb. 18, 2014 linked to the Mexican peso relative to the dollar, according to a 424B2 filing with the Securities and Exchange Commission.
If the currency finishes above the initial level and never falls by more than 5% during the life of the notes, the payout at maturity will be par plus triple any gain, up to a maximum settlement amount of $1,226.50 per $1,000 principal amount.
If the currency gains but ever falls by more than 5%, the payout will be par plus five times any gain, capped at $1,377.50 per $1,000 of notes.
If the currency finishes below the initial level, investors will be exposed to any losses.
Goldman Sachs & Co. is the underwriter, and J.P. Morgan Securities LLC is the dealer.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Trigger leveraged currency-linked notes
|
| Underlying currency: | Mexican peso relative to the dollar
|
| Amount: | $565,000
|
| Maturity: | Feb. 18, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If currency gains and never falls below trigger level, par plus triple the return, capped at 22.65%, if currency gains but falls below trigger, par plus five times any gain, capped at 37.75%; exposure to any losses if currency falls
|
| Initial exchange rate: | 12.6277
|
| Trigger level: | 95% of initial level
|
| Pricing date: | Feb. 1
|
| Settlement date: | Feb. 8
|
| Underwriter: | Goldman Sachs & Co. with J.P. Morgan Securities LLC as dealer
|
| Fees: | 1.1%
|
| Cusip: | 38141GMW1
|
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