Published on 5/22/2013 in the Prospect News Structured Products Daily.
New Issue: Goldman Sachs prices $33.59 million leveraged notes on Euro Stoxx 50
By Marisa Wong
Madison, Wis., May 22 - Goldman Sachs Group, Inc. priced $33.59 million of 0% leveraged index-linked notes due Nov. 25, 2014 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.42 times any index gain. Investors will be fully exposed to losses if the index declines.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged index-linked notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $33,586,000
|
| Maturity: | Nov. 25, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.42 times any index gain; full exposure to any losses
|
| Initial index level: | 2,824.50
|
| Pricing date: | May 20
|
| Settlement date: | May 28
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 1.35%
|
| Cusip: | 38147M279
|
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