New Issue: Goldman prices $4.73 million leveraged trigger notes on Euro Stoxx 50

By Susanna Moon

Chicago, Oct. 29 – Goldman Sachs Group, Inc. priced $4.73 million of 0% leveraged index-linked trigger notes due Nov. 2, 2020 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 60% trigger level, the payout at maturity will be par plus the greater of zero and 175% of any index gain.

Otherwise, the payout will be par plus the index return, with full exposure to losses.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged index-linked trigger notes
Underlying index:	Euro Stoxx 50
Amount:	$4,732,000
Maturity:	Nov. 2, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above trigger level, par plus 175% of any index gain, floor of par; otherwise, full exposure to losses
Initial index level:	3,030.37
Trigger level:	60% of initial level
Pricing date:	Oct. 24
Settlement date:	Oct. 31
Underwriter:	Goldman Sachs & Co.
Fees:	3.625%
Cusip:	38147QJM9

© 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.