New Issue: GS Finance sells $10.29 million leveraged notes linked to Nikkei 225

By Marisa Wong

Morgantown, W.Va., Jan. 8 – GS Finance Corp. priced $10.29 million of 0% leveraged index-linked notes due July 3, 2019 tied to the Nikkei 225 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 150% of the index return, subject to a maximum payment of $1,910 per $1,000 principal amount. Investors will be exposed to any losses.

Goldman, Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged index-linked notes
Underlying index:	Nikkei 225 index
Amount:	$10,294,000
Maturity:	July 3, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 150% of the index return, subject to maximum payment of $1,910 per $1,000 principal amount; exposure to losses
Initial index level:	22,911.21
Pricing date:	Dec. 28
Settlement date:	Jan. 3
Underwriter:	Goldman, Sachs & Co.
Fees:	0.15%
Cusip:	40055AB55

© 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.