By Jennifer Chiou
New York, Sept. 28 - Goldman Sachs Group, Inc. priced $5 million of 0% leveraged buffered index-linked notes due Oct. 3, 2013 linked to the MSCI All Country World index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 1.5 times the index return, subject to a maximum settlement amount of $1,412.50 per $1,000 principal amount of notes.
Investors will receive par if the index declines by 20% or less and will lose 1.25% for every 1% that it declines beyond 20%.
Goldman Sachs & Co. is the agent.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged buffered index-linked notes
|
| Underlying index: | MSCI AC World
|
| Amount: | $5 million
|
| Maturity: | Oct. 3, 2013
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.5 times the index return, subject to a maximum of $1,412.50 per $1,000 principal amount; par for losses up to 20%; investors share in losses at rate of 1.25% for every 1% decline beyond 20%
|
| Initial index level: | 276.86
|
| Pricing date: | Sept. 26
|
| Settlement date: | Oct. 3
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 0.175%
|
| Cusip: | 38146R303
|
© 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.
