By Toni Weeks
San Luis Obispo, Calif., Feb. 5 - Goldman Sachs Group, Inc. priced $3.03 million of 0% trigger leveraged index-linked notes due Feb. 20, 2014 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
A trigger event occurs if the index level declines by 5% or more from the initial level during the observation period, which is each trading day from but excluding the pricing date to and including May 2.
If the index return is positive and a trigger event has not occurred, the payout at maturity will be par plus 200% of the index return, subject to a maximum settlement amount of $1,200 per $1,000 principal amount.
If the index return is positive and a trigger event has occurred, the payout will be par plus 320% of the index return, subject to a maximum settlement of $1,320 per $1,000 principal amount.
Investors will be fully exposed to any losses if the index return is negative.
The final index level is the average of the closing index levels on the five business days ending Feb. 14, 2014.
Goldman Sachs & Co. is the underwriter, and J.P. Morgan Securities LLC is the dealer.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Trigger leveraged index-linked notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $3.03 million
|
| Maturity: | Feb. 20, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is positive and a trigger event has not occurred, par plus 200% of index return, up to payment of $1,200 per $1,000 principal amount; if index return is positive and a trigger event has occurred, par plus 320% of index return, up to $1,320 per $1,000 principal amount; full exposure to any losses if index return is negative
|
| Initial index level: | 2,710.08
|
| Trigger level: | 95% of initial level
|
| Trigger event: | Occurs if index level declines by 5% or more from initial level during observation period, which is each trading day from but excluding pricing date to and including May 2
|
| Ending index level: | Average of closing index levels on five days ending Feb. 14, 2014
|
| Pricing date: | Feb. 1
|
| Settlement date: | Feb. 6
|
| Underwriter: | Goldman Sachs & Co. with J.P. Morgan Securities LLC as dealer
|
| Fees: | 1.1%
|
| Cusip: | 38141GMZ4
|
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