Published on 6/25/2015 in the Prospect News Structured Products Daily.
New Issue: Goldman Sachs prices $500,000 notes linked to GS Momentum Builder
By Toni Weeks
San Luis Obispo, Calif., June 25 – Goldman Sachs Group, Inc. priced $500,000 of 0% notes due June 27, 2019 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 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: | $500,000
|
| Maturity: | June 27, 2019
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is positive, par plus the index return; if index return is zero or negative, par
|
| Initial level: | 110.44
|
| Pricing date: | June 23
|
| Settlement date: | June 26
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 2.55%
|
| Cusip: | 38148T6B0
|
© 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.
