E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/29/2014 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $2.15 million notes due 2018 on GS Momentum Builder

By Susanna Moon

Chicago, Dec. 29 – Goldman Sachs Group, Inc. priced $2.15 million of notes due June 28, 2022 linked to the GS Momentum Builder Multi-Asset 5 ER index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any gain in the index.

If the index falls, the payout will be par.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Notes
Underlying index:GS Momentum Builder Multi-Asset 5 ER
Amount:$2,153,000
Maturity:June 28, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any index gain, floor of par
Initial index level:111.34
Pricing date:Dec. 23
Settlement date:Dec. 29
Underwriter:Goldman Sachs & Co.
Fees:4.6%
Cusip:38147QNY8

© 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.