New Issue: GS Finance prices $1.32 million of leveraged index-linked notes on the Dow

By Sarah Lizee

Olympia, Wash., Dec. 10 – GS Finance Corp. priced $1.32 million of 0% leveraged index-linked notes due Dec. 1, 2027 tied to 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.

The payout at maturity will be par plus any index gain, capped at $1,550 for each $1,000 face amount of notes.

If the index return is zero or negative, the payout will be par.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged index-linked notes
Underlying index:	Dow Jones industrial average
Amount:	$1,324,000
Maturity:	Dec. 1, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at $1,550 for each $1,000 face amount of notes; if the index return is zero or negative, par
Initial index level:	28,066.47
Pricing date:	Nov. 25
Settlement date:	Nov. 29
Agent:	Goldman Sachs & Co. LLC
Fees:	4.6%
Cusip:	40056XN77

© 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.