Published on 8/25/2014 in the Prospect News Structured Products Daily.
New Issue: Goldman Sachs prices $34.9 million notes linked to Topix
By Angela McDaniels
Tacoma, Wash., Aug. 25 – Goldman Sachs Group, Inc. priced $34.9 million of 0% notes due Nov. 25, 2014 linked to the Topix index, according to a 424B2 filing with the Securities and Exchange Commission.
For each $1,000 principal amount of notes, the payout at maturity will be 100.35% of the sum of $1,000 plus the product of $1,000 times the index return. Because of the adjustment factor, investors will receive less than par if the index return is less than negative 0.3488%.
Goldman Sachs & Co. is the underwriter.
Issuer: | Goldman Sachs Group, Inc.
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Issue: | Notes
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Underlying index: | Topix
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Amount: | $34.9 million
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Maturity: | Nov. 25, 2014
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | 100.35% of the sum of $1,000 plus the product of $1,000 times the index return
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Initial index level: | 1,291.19
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Pricing date: | Aug. 21
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Settlement date: | Aug. 26
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Underwriter: | Goldman Sachs & Co.
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Fees: | 0.05%
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Cusip: | 38147QF50
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