By Sarah Lizee
Olympia, Wash., May 31 – GS Finance Corp. priced $5.42 million of 0% capped gears due July 31, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par of $10 plus triple any index gain, up to a maximum settlement amount of $11.38.
Investors will be fully exposed to any losses.
Goldman, Sachs & Co. is the underwriter with UBS Financial Services Inc. as selling agent.
Issuer: | GS Finance Corp.
|
Guarantor: | Goldman Sachs Group, Inc.
|
Issue: | Capped gears
|
Underlying index: | Russell 2000
|
Amount: | $5,415,480
|
Maturity: | July 31, 2019
|
Coupon: | 0%
|
Price: | Par of $10
|
Payout at maturity: | Par plus 3 times any index gain, capped at $11.38 per note; full exposure to any index decline
|
Initial index level: | 1,626.928
|
Pricing date: | May 25
|
Settlement date: | May 31
|
Underwriter: | Goldman Sachs & Co. LLC with UBS Financial Services Inc. as selling agent
|
Fees: | 2.1%
|
Cusip: | 36254G549
|
© 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.