By Sarah Lizee
Olympia, Wash., Dec. 26 – GS Finance Corp. priced $35,000 of 0% leveraged index-linked notes due Dec. 24, 2021 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity will be par plus 1.5 times the index gain.
If the index finishes flat or falls, investors will be exposed to the loss, subject to a minimum payout of 95% of par.
Goldman Sachs & Co. is the underwriter.
Issuer: | GS Finance Corp.
|
Guarantor: | Goldman Sachs Group, Inc.
|
Issue: | Leveraged index-linked notes
|
Underlying index: | Euro Stoxx 50
|
Amount: | $35,000
|
Maturity: | Dec. 24, 2021
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | If index return is positive, par plus 1.5 times index gain; exposure to losses with minimum payout of 95% of par
|
Initial index level: | 3,000.61
|
Pricing date: | Dec. 21
|
Settlement date: | Dec. 28
|
Underwriter: | Goldman Sachs & Co.
|
Fees: | 3.425%
|
Cusip: | 40056EK23
|
© 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.