By Susanna Moon
Chicago, Nov. 15 - Goldman Sachs Group, Inc. priced $2.5 million of 0% autocallable leveraged buffered notes due Nov. 24, 2015 tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be called at par plus a call premium of 11.4% per year if the index closes above its initial level on Dec. 19, 2013 or Nov. 19, 2014.
If the index finishes above its initial level, the payout at maturity will be par plus $1,342.00 for each $1,000 principal amount.
Investors will receive par if the index falls by up to 20% and will lose 1.25% for each 1% decline beyond 20%.
Goldman, Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Autocallable buffered notes
|
| Underlying index: | Russell 2000
|
| Amount: | $2.5 million
|
| Maturity: | Nov. 24, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus $1,342.00 for each $1,000 of notes if index gains; par if index falls by up to 20% and 1.25% loss for each 1% decline beyond 20%
|
| Call: | At par plus 11.4% per year if the index closes above its initial level on Dec. 19, 2013 or Nov. 19, 2014
|
| Initial level: | 793.87
|
| Pricing date: | Nov. 12
|
| Settlement date: | Nov. 19
|
| Agent: | Goldman, Sachs & Co.
|
| Fees: | 1.77%
|
| Cusip: | 38147H429
|
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