E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/1/2014 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $314,000 leveraged buffered index-linked notes linked to MSCI EAFE

New York, July 1 – Goldman Sachs Group, Inc. priced $314,000 of 0% leveraged buffered index-linked notes due July 3, 2019 tied to the MSCI EAFE Index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 141% of the index return. Investors will receive par if the index falls by up to 25% and lose 1.3333% for every 1% decline in the index beyond 25%.

Goldman, Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged buffered index-linked notes
Underlying index:MSCI EAFE Index
Amount:$314,000
Maturity:July 3, 2019
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 141% of the index return; par if index falls by up to 25%; 1.3333% loss for every 1% decline in index beyond 25%
Initial index level:1,963.27
Pricing date:June 26
Settlement date:July 3
Underwriters:Goldman, Sachs & Co.
Fees:0.95%
Cusip:38147Q5F9

© 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.