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