By Marisa Wong
Madison, Wis., April 13 - Goldman Sachs Group, Inc. priced $3.67 million of 0% index-linked digital notes due May 20, 2013 tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above the 80% threshold level, the payout at maturity will be the threshold settlement amount of between $1,076 for each $1,000 principal amount of notes.
Otherwise, investors will lose 1.25% for each 1% decline beyond 20%.
The initial index level of 791.84 is lower than the actual closing index level on the pricing date, which was 796.59.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked digital notes
|
| Underlying index: | Russell 2000
|
| Amount: | $3.67 million
|
| Maturity: | May 20, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index finishes at or above threshold level, $1,076 for each $1,000 of notes; otherwise, 1.25% loss for each 1% decline beyond 20%
|
| Initial level: | 791.84
|
| Pricing date: | April 11
|
| Settlement date: | April 18
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 0.1%
|
| Cusip: | 38147A713
|
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