By Marisa Wong
Madison, Wis., May 28 - Goldman Sachs Group, Inc. priced $4.55 million of 0% leveraged index-linked notes due Nov. 30, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.33 times any index gain. Investors will be fully exposed to losses if the index declines.
The initial level will be the lowest closing level of the index on any weekly observation date - Thursday of each week - during the period from May 23 through Nov. 21.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged index-linked notes
|
| Underlying index: | S&P 500
|
| Amount: | $4,549,000
|
| Maturity: | Nov. 30, 2018
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.33 times any index gain; full exposure to any losses
|
| Initial index level: | Lowest closing level of index on any weekly observation date - Thursday of each week - from May 23 through Nov. 21
|
| Pricing date: | May 23
|
| Settlement date: | May 31
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 1.14%
|
| Cusip: | 38141GUD4
|
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