By Marisa Wong
Madison, Wis., Nov. 30 - Goldman Sachs Group, Inc. priced $2 million of 0% index-linked trigger notes due Dec. 18, 2013 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
A trigger event occurs if the index level falls by more than 24.8% on any day during the life of the notes.
If a trigger event occurs, the payout at maturity will be par plus the index return, which could be positive or negative.
If a trigger event does not occur, the payout at maturity will be par plus the greater of the index return and 5%.
In either case, the payout is subject to a maximum settlement amount of $1,150 per $1,000 principal amount.
Goldman Sachs & Co. is the underwriter, and J.P. Morgan Securities LLC is the placement agent.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked trigger notes
|
| Underlying index: | MSCI EAFE index
|
| Amount: | $2 million
|
| Maturity: | Dec. 18, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index never falls by more than 24.8% of initial level during life of notes, par plus greater of index return and 5%; otherwise, par plus index return with exposure to any losses; in both cases, return capped at 15%
|
| Initial level: | 1,534.05
|
| Pricing date: | Nov. 28
|
| Settlement date: | Dec. 5
|
| Agent: | Goldman Sachs & Co. with J.P. Morgan Securities LLC as placement agent
|
| Fees: | 0.1%
|
| Cusip: | 38141GJU9
|
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