Published on 6/23/2015 in the Prospect News Structured Products Daily.
New Issue: Goldman Sachs prices $2.46 million notes linked to GS Momentum Builder
By Angela McDaniels
Tacoma, Wash., June 23 – Goldman Sachs Group, Inc. priced $2.46 million of 0% notes due June 26, 2023 linked to the GS Momentum Builder Multi-Asset 5 ER 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 three times the index return. If the index return is zero or negative, the payout will be par.
Goldman Sachs & Co. is the agent.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | GS Momentum Builder Multi-Asset 5 ER index
|
| Amount: | $2,464,000
|
| Maturity: | June 26, 2023
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is positive, par plus three times index return; if index return is zero or negative, par
|
| Initial level: | 109.97
|
| Pricing date: | June 19
|
| Settlement date: | June 23
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 3.9%
|
| Cusip: | 38148T4F3
|
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