By Susanna Moon
Chicago, March 4 - Goldman Sachs Group, Inc. priced $10.88 million of 0% leveraged buffered notes due March 4, 2019 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 1.43 times any index gain.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.
Goldman Sachs & Co. is the underwriter.
Issuer: | Goldman Sachs Group, Inc.
|
Issue: | Leveraged buffered index-linked notes
|
Underlying index: | S&P 500
|
Amount: | $10.88 million
|
Maturity: | March 4, 2019
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus 1.43 times any index gain; par if index falls by up to 10%; 1.1111% loss per 1% drop beyond 10%
|
Initial index level: | 1,854.29
|
Pricing date: | Feb. 27
|
Settlement date: | March 4
|
Underwriter: | Goldman Sachs & Co.
|
Fees: | 1.77%
|
Cusip: | 38147QSX5
|
© 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.