By Susanna Moon
Chicago, May 15 - Goldman Sachs Group, Inc. priced $1.55 million of 0% buffered index-linked notes due May 18, 2017 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain.
Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% decline beyond 20%.
Goldman Sachs & Co. is the underwriter.
Issuer: | Goldman Sachs Group, Inc.
|
Issue: | Buffered index-linked notes
|
Underlying index: | S&P 500
|
Amount: | $1.55 million
|
Maturity: | May 18, 2017
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | Par plus any index gain; par if index falls by up to 20%; 1.25% loss for every 1% drop index beyond 20%
|
Initial index level: | 1,632.15
|
Pricing date: | May 13
|
Settlement date: | May 20
|
Underwriter: | Goldman Sachs & Co.
|
Fees: | 3%
|
Cusip: | 38147M253
|
© 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.