By Susanna Moon
Chicago, April 16 - Goldman Sachs Group, Inc. priced $10.48 million of 0% leveraged index-linked notes due Oct. 28, 2013 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any index gain, up to a maximum settlement amount of $1,240 per $1,000 of notes.
Investors will be exposed to any losses.
The initial index level is lower than the actual closing level at pricing, which was 1,387.57.
Goldman Sachs & Co. is the underwriter.
Issuer: | Goldman Sachs Group, Inc.
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Issue: | Leveraged index-linked notes
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Underlying index: | S&P 500
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Amount: | $10,484,000
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Maturity: | Oct. 28, 2013
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 300% of any index gain, capped at 24%; exposure to any losses
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Initial index level: | 1,377.07
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Pricing date: | April 12
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Settlement date: | April 19
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Underwriter: | Goldman Sachs & Co.
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Fees: | 0.15%
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Cusip: | 38147A754
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