By Kiku Steinfeld
Chicago, March 22 – GS Finance Corp. priced $988,000 of 0% leveraged index-linked notes due March 6, 2026 tied to the Euro Stoxx 50 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 2.315 times the index return.
If the index is flat or declines, investors will be exposed to any losses.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
|
| Issue: | Leveraged index-linked notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $988,000
|
| Maturity: | March 6, 2026
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the index return is positive, par plus 2.315 times the index return; if index is flat or declines, exposure losses
|
| Initial index level: | 3,712.78
|
| Pricing date: | March 3
|
| Settlement date: | March 8
|
| Underwriter: | Goldman Sachs & Co. LLC
|
| Fees: | 2.3%
|
| Cusip: | 40057FPX6
|
|
|
© 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.
