New Issue: GS Finance sells $3.52 million enhanced trigger jump notes tied to Stoxx

By Sarah Lizee

Olympia, Wash., Jan. 3 – GS Finance Corp. priced $3.52 million of 0% enhanced trigger jump securities due July 2, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 90% threshold, the payout at maturity will be par plus the upside return of 20.6%.

Otherwise, investors will be fully exposed to any losses.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the agent with Morgan Stanley Wealth Management handling distribution.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Enhanced trigger jump securities
Underlying index:	Euro Stoxx 50
Amount:	$3,515,500
Maturity:	July 2, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index gains or falls by up to 10%, par plus 20.6%; otherwise, 1% loss per 1% decline
Initial level:	2,986.53
Trigger level:	2,687.877, 90% of initial level
Pricing date:	Dec. 28
Settlement date:	Jan. 3
Underwriter:	Goldman Sachs & Co. with Morgan Stanley Wealth Management handling distribution
Fees:	2.35%
Cusip:	36256M825

© 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.