New Issue: Goldman sells $1.56 million capped leveraged notes on iShares MSCI EM

By Marisa Wong

Madison, Wis., Feb. 20 - Goldman Sachs Group, Inc. priced $1.56 million of 0% leveraged notes due March 5, 2014 linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to a maximum settlement amount of $1,182 for each $1,000 principal amount.

Investors will be exposed to any losses.

Goldman Sachs & Co. is the underwriter with JPMorgan as the placement agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged notes
Underlying fund:	iShares MSCI Emerging Markets index fund
Amount:	$1,561,000
Maturity:	March 5, 2014
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus double any index gain, up to a maximum settlement amount of $1,182 per note
Initial price:	$43.99
Pricing date:	Feb. 15
Settlement date:	Feb. 21
Agent:	Goldman Sachs & Co. with JPMorgan as placement agent
Fees:	1.1%
Cusip:	38141GNZ3

© 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.