Published on 2/10/2014 in the Prospect News Structured Products Daily.
New Issue: Goldman prices $3.13 million leveraged notes tied to MSCI AC World
By Jennifer Chiou
New York, Feb. 10 - Goldman Sachs Group, Inc. priced $3,125,000 of 0% leveraged index-linked notes due Feb. 9, 2017 tied to the MSCI AC World index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.43 times any index gain.
Investors will share in any losses.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged index-linked notes
|
| Underlying index: | MSCI AC World
|
| Amount: | $3,125,000
|
| Maturity: | Feb. 9, 2017
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 143% of any index gain; exposure to losses
|
| Initial index level: | 398.77
|
| Pricing date: | Feb. 6
|
| Settlement date: | Feb. 13
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 2.175%
|
| Cusip: | 38148A134
|
© 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.
