New Issue: Goldman Sachs sells $2.66 million trigger notes linked to Euro Stoxx 50

By Susanna Moon

Chicago, Sept. 4 – Goldman Sachs Group, Inc. priced $2.66 million of 0% notes due March 2, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the 83.5% trigger level, the payout at maturity will be par plus the greater of any index gain and 0%.

Otherwise, investors will be fully exposed to any losses.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Trigger notes
Underlying index:	JPX-Nikkei Index 400
Amount:	$2,656,000
Maturity:	March 2, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above trigger level, par plus greater of any index gain and 0%; otherwise, full exposure to any losses
Initial index level:	3,172.63
Trigger level:	83.5% of initial level
Pricing date:	Aug. 29
Settlement date:	Sept. 4
Agent:	Goldman Sachs & Co. with J.P. Morgan Securities LLC
Fees:	1.35%
Cusip:	38147QFD3

© 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.