By Sarah Lizee
Olympia, Wash., Dec. 28 – GS Finance Corp. priced $2.11 million of 12.5004% notes due Dec. 24, 2021 linked to the GS Momentum Builder Multi-Asset 5S ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
Interest is payable monthly.
If the index finishes at or above 103.75% of its initial level, the payout at maturity will be par plus 1.3 times the return of the index minus 3.75%.
Otherwise, the payout at maturity will be par.
Goldman Sachs & Co. is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | GS Momentum Builder Multi-Asset 5S ER index
|
| Amount: | $2,111,000
|
| Maturity: | Dec. 24, 2021
|
| Coupon: | 12.5004%, payable monthly
|
| Price: | Par
|
| Payout at maturity: | If the index finishes at or above 103.75% of its initial level, par plus 1.3 times the return of the index minus 3.75%; otherwise, par
|
| Initial index level: | 98.88
|
| Pricing date: | Dec. 24
|
| Settlement date: | Dec. 28
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 1.025%
|
| Cusip: | 40056ENM6
|
© 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.
