By Jennifer Chiou
New York, Nov. 27 - Goldman Sachs Group, Inc. priced $316,000 of 0% autocallable leveraged index-linked notes due Dec. 10, 2013 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be called at par plus a call premium of 6.6% if the index closes at or above 104.4% of the initial level on any of the call observation dates, which begin on March 7, 2013 and occur each Thursday up to an including Nov. 28, 2013.
If the notes are not called, the payout at maturity will be par plus 1.5 times any index gain, capped at 6.6%.
Investors will share in any losses.
Goldman Sachs & Co. is the underwriter with JPMorgan as placement agent.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Autocallable leveraged index-linked notes
|
| Underlying index: | S&P 500
|
| Amount: | $316,000
|
| Maturity: | Dec. 10, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 150% of any index gain, capped at 6.6%; exposure to losses
|
| Initial index level: | 1,391.03
|
| Call: | At par plus 6.6% if index closes at or above 104.4% of the initial level on any call observation date
|
| Pricing date: | Nov. 21
|
| Settlement date: | Nov. 27
|
| Underwriter: | Goldman Sachs & Co. with JPMorgan as placement agent
|
| Fees: | 1.1%
|
| Cusip: | 38141GJT2
|
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