By Toni Weeks
San Luis Obispo, Calif., Feb. 5 - Goldman Sachs Group, Inc. priced $5.77 million of 0% index-linked trigger notes due Aug. 6, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
A trigger event occurs if the index level falls by more than 27.05% on any day during the life of the notes.
If a trigger event occurs, the payout at maturity will be par plus the index return, which could be positive or negative.
If a trigger event does not occur, the payout at maturity will be par plus the greater of the index return and the contingent minimum return of zero.
Goldman Sachs & Co. is the underwriter, and J.P. Morgan Securities LLC is the dealer.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked trigger notes
|
| Underlying index: | S&P 500
|
| Amount: | $5.77 million
|
| Maturity: | Aug. 6, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index level falls by more than 27.05% during life of notes, par plus index return; otherwise, par plus greater of index return and zero
|
| Initial index level: | 1,513.17
|
| Trigger level: | 72.95% of initial level
|
| Pricing date: | Feb. 1
|
| Settlement date: | Feb. 6
|
| Underwriter: | Goldman Sachs & Co. with J.P. Morgan Securities LLC as dealer
|
| Fees: | 1.4%
|
| Cusip: | 38141GMV3
|
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