By Susanna Moon
Chicago, July 18 - Goldman Sachs Group, Inc. priced $5.1 million of 0% buffered basket-linked notes due Dec. 23, 2013, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the S&P 500 index with a 70% weight and the Russell 2000 index with a 30% weight.
The payout at maturity will be par plus any basket gain, up to a maximum return of $1,165 per $1,000 principal amount.
Investors will receive par if the basket falls by up to 40% and will lose 1.6667% for every 1% decline beyond 40%.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged buffered basket-linked notes
|
| Underlying basket: | S&P 500 index (70% weight) and Russell 2000 index (30% weight)
|
| Amount: | $5.1 million
|
| Maturity: | Dec. 23, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any basket gain, capped at 16.5%; par if basket falls by 40% or less; 1.6667% loss for every 1% decline beyond 40%
|
| Initial index levels: | 1,325.41 for S&P and 834.34 for Russell
|
| Pricing date: | July 14
|
| Settlement date: | July 21
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.175%
|
| Cusip: | 38146Q354
|
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