Published on 9/30/2019 in the Prospect News Structured Products Daily.
New Issue: Goldman prices $490,000 index-linked notes tied to Stoxx
By Kiku Steinfeld
Chicago, Sept. 8 – GS Finance Corp. priced $490,000 of 0% index-linked notes due Sept. 1, 2022 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.
The payout at maturity will be par plus any gain of the index.
Otherwise, the payout will be par plus the index return, subject to the minimum settlement amount of 95% of par.
Goldman Sachs & Co. LLC is the agent.
Issuer: | GS Finance Corp.
|
Guarantor: | Goldman Sachs Group, Inc.
|
Issue: | Leveraged buffered index-linked notes
|
Underlying index: | Euro Stoxx 50 index
|
Amount: | $490,000
|
Maturity: | Sept. 1, 2022
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus any index gain; otherwise, par plus index return, subject to minimum settlement amount of 95% of par
|
Initial index levels: | 3,370.47
|
Pricing date: | Aug. 27
|
Settlement date: | Aug. 30
|
Underwriter: | Goldman, Sachs & Co. LLC
|
Fees: | 3.34%
|
Cusip: | 40056FYU3
|
|
© 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.