By Marisa Wong
Morgantown, W.Va., April 28 – GS Finance Corp. priced $645,000 of 0% notes due April 25, 2024 linked to the Motif Capital National Defense 7 ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus 200% of any index gain. If the index falls, the payout will be par.
The index tracks the U.S. exchange-listed common equity of public companies that derive at least 10% of their revenue from defense-related sales, principally of weapons systems to U.S. and foreign governments. The index measures the extent to which the stocks and any money market position outperform Libor plus 75 basis points per year, accruing daily.
Goldman Sachs & Co. is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | Motif Capital National Defense 7 ER index
|
| Amount: | $645,000
|
| Maturity: | April 25, 2024
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any index gain; otherwise, par
|
| Initial level: | 111.57
|
| Pricing date: | April 20
|
| Settlement date: | April 25
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 5.15%
|
| Cusip: | 40054L4C5
|
|
|
© 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.
