By Angela McDaniels
Tacoma, Wash., Feb. 13 - Goldman Sachs Group, Inc. priced $4 million of 0% leveraged buffered notes due March 6, 2017 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus double any index gain, up to a maximum settlement amount of $1,300 for each $1,000 principal amount of notes. Investors will receive par if the index falls by 20% or less and will lose 1.25% for every 1% that the index declines beyond 20%.
The initial index level will be the average of the index's closing levels on Feb. 11, Feb. 12 and Feb. 13.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged buffered notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $4 million
|
| Maturity: | March 6, 2017
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any index gain, subject to 30% cap; par if index falls by 20% or less; 1.25% loss for every 1% that index declines beyond 20%
|
| Initial index level: | Average of index's closing levels on Feb. 11, Feb. 12 and Feb. 13
|
| Pricing date: | Feb. 11
|
| Settlement date: | Feb. 19
|
| Underwriters: | Goldman Sachs & Co.
|
| Fees: | 0.35%
|
| Cusip: | 38147QMX1
|
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