By William Gullotti
Buffalo, N.Y., March 17 – GS Finance Corp. priced $1.9 million of 0% market-linked notes due March 16, 2027 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.
The securities are guaranteed by Goldman Sachs Group, Inc.
If the final index level is greater than the initial index level, the payout at maturity will be par plus the index gain capped at 33%.
If the index finishes flat or declines, investors will receive par.
Goldman Sachs & Co. LLC is the underwriter. Morgan Stanley Wealth Management is acting as dealer.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Market-linked notes
|
| Underlying index: | S&P 500 index
|
| Amount: | $1.9 million
|
| Maturity: | March 16, 2027
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain capped at par plus 33%; par if index finishes flat or falls
|
| Initial index level: | 4,204.31
|
| Pricing date: | March 11
|
| Settlement date: | March 16
|
| Underwriter: | Goldman Sachs & Co. LLC
|
| Dealer: | Morgan Stanley Wealth Management
|
| Fees: | 1.75%
|
| Cusip: | 36264H131
|
|
|
|
|
© 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.
