New Issue: GS Finance sells $736,000 index-linked notes on Euro Stoxx 50

By Kiku Steinfeld

Chicago, July 15 – GS Finance Corp. priced $736,000 of 0% index-linked notes due May 31, 2029 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus the index return, capped at $2,000 per $1,000 of notes.

Otherwise, the payout will be par.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying index:	Euro Stoxx 50
Amount:	$736,000
Maturity:	May 31, 2029
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain, capped at $2,000 per $1,000 of notes; otherwise, par
Initial index level:	4,036.04
Pricing date:	May 25
Settlement date:	May 28
Underwriter:	Goldman Sachs & Co. LLC
Fees:	3.65%
Cusip:	40057H4Z0

© 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.