New Issue: Goldman prices $8.19 million buffered notes on S&P Equal Weight Energy

By Jennifer Chiou

New York, Jan. 22 – Goldman Sachs Group, Inc. priced $8.19 million of 0% buffered notes due Feb. 25, 2016 linked to the S&P Equal Weight Energy index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the gain, up to a maximum payment of $1,267.50 per $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for each 1% decline beyond the 10% buffer.

Goldman, Sachs & Co. is the agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Buffered notes
Underlying index:	S&P Equal Weight Energy
Amount:	$8.19 million
Maturity:	Feb. 25, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes above initial level, par plus the gain, up to maximum settlement amount of $1,267.50 for each $1,000 principal amount; par for losses up to 10%; investors lose 1. 1111% for each 1% decline beyond 10%
Initial level:	2,269.95
Pricing date:	Jan. 20
Settlement date:	Jan. 27
Agent:	Goldman, Sachs & Co.
Fees:	0.92%
Cusip:	38148L304

© 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.