New Issue: GS Finance prices $3.6 million of leveraged index-linked notes on S&P

By Kiku Steinfeld

Chicago, Oct. 16 – GS Finance Corp. priced $3.6 million of 0% leveraged index-linked notes due Nov. 30, 2020 tied to the S&P 500 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 plus 3 times any index gain, up to a maximum settlement amount of $1,122 per each $1,000 principal amount of notes.

Otherwise, investors will receive par plus the index return with full exposure to the decline.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged index-linked notes
Underlying index:	S&P 500 index
Amount:	$3,602,000
Maturity:	Nov. 30, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 3 times any index gain up to maximum settlement amount of $1,122 per each $1,000 principal amount of notes; otherwise, par plus index return with full exposure to decline
Initial index level:	2,984.87
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Agent:	Goldman Sachs & Co. LLC
Fees:	2.5%
Cusip:	40056XDH6

© 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.