By Wendy Van Sickle
Columbus, Ohio, June 5 – GS Finance Corp. priced $2.06 million of 0% leveraged index-linked notes due June 2, 2022 tied to the Euro Stoxx 50 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 $1,000 plus 1.1 times any index gain.
If the index finishes flat or falls, the payout will be the greater of the minimum settlement amount of $950 and par plus the index return.
Goldman, Sachs & Co. is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged index-linked notes
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $2,055,000
|
| Maturity: | June 2, 2022
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.1 times any index gain; exposure to losses up to 5%
|
| Initial index level: | 3,348.86
|
| Pricing date: | May 28
|
| Settlement date: | May 31
|
| Underwriter: | Goldman, Sachs & Co.
|
| Fees: | 3.68%
|
| Cusip: | 40056FEL5
|
|
|
© 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.
