New Issue: GS Finance sells $72.1 million notes on Next Gen, Cybersecurity, Future Mobility

By Marisa Wong

Los Angeles, Aug. 17 – GS Finance Corp. priced $72.1 million of 0% index-linked notes due Aug. 8, 2024 linked to the least performing of the Nasdaq Next Generation 100 index, the MSCI ACWI IMI Cybersecurity index and the MSCI ACWI IMI Future Mobility index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the return of each index is zero or positive, the payout at maturity will be par plus 1.5276 times the return of the worst performing index.

If the return of any index is negative, investors will be fully exposed to the decline of the worst performing index from its initial level.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Nasdaq Next Generation 100 index, MSCI ACWI IMI Cybersecurity index and MSCI ACWI IMI Future Mobility index
Amount:	$72.1 million
Maturity:	Aug. 8, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.5276 times any gain in worst performing index; full exposure to any decline of worst performing index from its initial level
Initial levels:	1,376.252 for Nasdaq Next Gen, 3,001.72 for MSCI Cybersecurity and 2,865.53 for MSCI Future Mobility
Pricing date:	Aug. 5
Settlement date:	Aug. 10
Agent:	Goldman Sachs & Co. LLC
Fees:	3.75%
Cusip:	40057J4S2

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.