New Issue: GS Finance sells $9.47 million market-linked leveraged upside participation notes on Stoxx

By Wendy Van Sickle

Columbus, Ohio, Aug. 6 – GS Finance Corp. priced $9.47 million of 0% market-linked securities – leveraged upside participation and fixed percentage buffered downside due Aug. 2, 2027 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 151.25% of any gain.

Investors will receive par if the index falls by up to 20% and will be exposed to any losses beyond the buffer.

Wells Fargo Securities, LLC and Goldman Sachs & Co. LLC are the agents.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Market-linked securities – leveraged upside participation and fixed percentage buffered downside
Underlying index:	Euro Stoxx 50 index
Amount:	$9,466,000
Maturity:	Aug. 2, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 151.25% of any gain; par if index falls by up to 20%; 1% loss for each 1% decline beyond 20%
Initial level:	4,089.3
Buffer level:	80% of initial level
Pricing date:	July 30
Settlement date:	Aug. 4
Agents:	Wells Fargo Securities LLC and Goldman Sachs & Co. LLC
Fees:	4.52%
Cusip:	40057HSK7

© 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.