Published on 11/7/2012 in the Prospect News Structured Products Daily.
New Issue: Goldman Sachs prices $6.27 million leveraged notes linked to MSCI EAFE
By Toni Weeks
San Diego, Nov. 7 - Goldman Sachs Group, Inc. priced $6.27 million of 0% leveraged index-linked notes due May 8, 2014 linked to the MSCI EAFE 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 300% of the index return, up to a maximum settlement amount of $1,300 per $1,000 principal amount.
Investors will be fully exposed to any losses.
Goldman Sachs & Co. is the underwriter.
Issuer: | Goldman Sachs Group, Inc.
|
Issue: | Leveraged index-linked notes
|
Underlying index: | MSCI EAFE
|
Amount: | $6,274,000
|
Maturity: | May 8, 2014
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 300% of the index return, up to a maximum payment of $1,300 per $1,000 principal amount; full exposure to any losses
|
Initial index level: | 1,520.61
|
Pricing date: | Nov. 5
|
Settlement date: | Nov. 13
|
Underwriter: | Goldman Sachs & Co.
|
Fees: | 1.6%
|
Cusip: | 38147H403
|
© 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.