New Issue: Goldman prices $15.71 million leveraged buffered notes on MSCI EAFE

By Jennifer Chiou

New York, Oct. 15 - Goldman Sachs Group, Inc. priced $15,707,000 of 0% leveraged buffered index-linked notes due Nov. 2, 2015 tied 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 1.5 times the index return, capped at 25.05%.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% index decline beyond the 10% buffer.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	MSCI EAFE
Amount:	$15,707,000
Maturity:	Nov. 2, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 1.5 times index return, capped at 25.05%; par if index falls by up to 10%; 1.1111% loss for every 1% decline in the index beyond 10%
Initial index level:	1,827.93
Pricing date:	Oct. 11
Settlement date:	Oct. 21
Underwriter:	Goldman Sachs & Co.
Fees:	1.675%
Cusip:	38147T589

© 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.