New Issue: Goldman prices $1.02 million buffered digital notes tied to Euro Stoxx

By Susanna Moon

Chicago, June 30 – Goldman Sachs Group, Inc. priced $1.02 million of 0% buffered digital notes due June 29, 2018 linked 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 85% barrier level, the payout at maturity will be the maximum settlement amount of $1,150 per $1,000 principal amount of notes.

Otherwise, investors will be fully exposed to any losses.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Buffered digital index-linked notes
Underlying index:	Euro Stoxx 50 index
Amount:	$1,018,000
Maturity:	June 29, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above trigger level, par plus 15%; otherwise, full exposure to any losses
Initial level:	1,279.794
Buffer level:	85% of initial level
Pricing date:	June 26
Settlement date:	June 30
Agent:	Goldman Sachs & Co.
Fees:	3.575%
Cusip:	38148T4J5

© 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.