Published on 5/23/2014 in the Prospect News Structured Products Daily.
New Issue: Goldman Sachs prices $31.5 million three-month notes linked to Topix
By Angela McDaniels
Tacoma, Wash., May 23 - Goldman Sachs Group, Inc. priced $31.5 million of 0% notes due Aug. 26, 2014 linked to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be 99.705% of the sum of par plus the index return. This calculation will result in a payout less than par if the index return is less than slightly in excess of 0.295%.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | Topix
|
| Amount: | $31.5 million
|
| Maturity: | Aug. 26, 2014
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | 99.705% of sum of par plus index return
|
| Initial index level: | 1,150.05
|
| Pricing date: | May 21
|
| Settlement date: | May 27
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.05%
|
| Cusip: | 38147Q6X9
|
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