By Toni Weeks
San Luis Obispo, Calif., Jan. 28 – Goldman Sachs Group, Inc. priced $4.31 million of 0% index-linked trigger notes due July 27, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is at or above 79.25% of the initial level, the payout at maturity will be par plus the greater of zero and the index return. If the final index level is less than the 79.25% trigger level, investors will receive par plus the index return, with full exposure to losses.
The final index level will be the average of the closing index levels on the five trading dates ending July 22, 2016.
Goldman Sachs & Co. is the underwriter. J.P. Morgan Securities LLC is the placement agent.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked trigger notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $4.31 million
|
| Maturity: | July 27, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index finishes at or above trigger level, par plus greater of zero and index return; if index finishes below trigger level, par plus index return, with exposure to losses
|
| Initial index level: | 3,382.55
|
| Trigger level: | 79.25% of initial level
|
| Pricing date: | Jan. 23
|
| Settlement date: | Jan. 28
|
| Underwriter: | Goldman Sachs & Co.
|
| Agent: | J.P. Morgan Securities LLC
|
| Fees: | 1.35%
|
| Cusip: | 38147QSM9
|
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