By Toni Weeks
San Diego, July 3 - Goldman Sachs Group, Inc. priced an additional $15 million of 0% equity index-linked notes due Oct. 5, 2012 tied to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.
This brings the total deal size to $25 million. The initial $10 million of the notes priced on June 19.
The add-on priced at 104.1, up from 99.8 for the first tranche.
The payout at maturity will be par plus the index return, which could be positive or negative. Investors will be fully exposed to losses.
The initial index level of 736.43 is higher than the closing level at pricing, which was 734.69.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Equity index-linked notes
|
| Underlying index: | Topix
|
| Amount: | $25 million, increased from $10 million
|
| Maturity: | Oct. 5, 2012
|
| Coupon: | 0%
|
| Price: | 99.8 (for $10 million), 104.1 (for $15 million)
|
| Payout at maturity: | Par plus index return, with full exposure to losses
|
| Initial index level: | 736.43
|
| Pricing date: | June 19 (for $10 million); June 29 (for $15 million)
|
| Settlement date: | June 26 (for $10 million); July 9 (for $15 million)
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.25% for $10 million; 0.3% for add-on
|
| Cusip: | 38147B430
|
© 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.
