E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 9/4/2015 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $1 million notes linked to S&P 500, Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Sept. 4 – Goldman Sachs Group, Inc. priced $1 million of 0% notes due Sept. 7, 2022 linked to a basket composed of the S&P 500 index and the Euro Stoxx 50 index with equal weights, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par plus 80% of the basket return. If the basket return is zero or negative, the payout will be par.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Notes
Underlying indexes:S&P 500 and Euro Stoxx 50, equally weighted
Amount:$1 million
Maturity:Sept. 7, 2022
Coupon:0%
Price:Par
Payout at maturity:If basket return is positive, par plus 80% of basket return; if basket return is zero or negative, par
Initial index levels:1,913.85 for S&P 500 and 3,188.73 for Euro Stoxx 50
Pricing date:Sept. 2
Settlement date:Sept. 8
Underwriter:Goldman Sachs & Co.
Fees:3.375%
Cusip:38148TDE6

© 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.