By Marisa Wong
Madison, Wis., May 31 - Goldman Sachs Group, Inc. priced $2 million of 0% index-linked trigger notes due Dec. 3, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the closing level of the index is greater than or equal to 77.9% of the initial level on every day during the life of the notes, the payout at maturity will be par plus the greater of zero and the index return.
If the closing level of the index is less than 77.9% of the initial level on any day during the life of the notes, the return on the notes will equal the index return.
Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as dealer.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked trigger notes
|
| Underlying index: | S&P 500
|
| Amount: | $2 million
|
| Maturity: | Dec. 3, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index closing level is greater than or equal to 77.9% of initial level on every day during life of notes, par plus greater of zero and index return; otherwise, return on notes will equal index return
|
| Initial index level: | 1,648.36
|
| Pricing date: | May 29
|
| Settlement date: | June 3
|
| Underwriter: | Goldman Sachs & Co.
|
| Dealer: | J.P. Morgan Securities LLC
|
| Fees: | 1.4%
|
| Cusip: | 38141GUP7
|
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