By Susanna Moon
Chicago, Aug. 18 - Goldman Sachs Group, Inc. priced $15.58 million of 0% leveraged buffered index-linked notes due Sept. 9, 2013 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any index gain, up to a maximum settlement amount of $1,325.50 per $1,000 principal amount.
Investors will receive par if the index falls by up to 25% and will lose 1.3333% for each 1% decline beyond 25%.
The initial index level of 1,515.15 is lower than the closing level at pricing, which was 1,521.92.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged buffered index-linked notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $15,576,000
|
| Maturity: | Sept. 9, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 150% of any index gain, capped at 32.55%; par if index falls by up to 25%; 1.3333% loss for each 1% drop beyond 25%
|
| Initial index level: | 1,515.15
|
| Pricing date: | Aug. 16
|
| Settlement date: | Aug. 23
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.175%
|
| Cusip: | 38146Q552
|
© 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.
