New Issue: GS Finance sells $3.05 million index-linked notes on Dow

By William Gullotti

Buffalo, N.Y., June 24 – GS Finance Corp. priced $3.05 million of 0% index-linked notes due June 23, 2026 linked to the performance of the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the return of the index is zero or positive, the payout at maturity will be par plus the index return, subject to a maximum payout of par plus 34.5%.

Otherwise, investors will receive par.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying index:	Dow Jones industrial average
Amount:	$3,045,000
Maturity:	June 23, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is zero or positive, par plus index return capped at 34.5%; otherwise, par
Initial level:	29,888.78
Pricing date:	June 17
Settlement date:	June 23
Agent:	Goldman Sachs & Co. LLC
Fees:	None
Cusip:	40057M6Z7

© 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.