Published on 2/19/2019 in the Prospect News Structured Products Daily.
New Issue: GS Finance prices $2.7 million basket-linked notes tied to indexes
By Sarah Lizee
Olympia, Wash., Feb. 19 – GS Finance Corp. priced $2.7 million of 0% basket-linked notes due Oct. 19, 2021 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 27% weight, FTSE 100 index with a 20% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the basket return is positive, the payout at maturity will be par plus the basket return.
Otherwise, the payout will be par.
Goldman Sachs & Co. is the agent.
Issuer: | GS Finance Corp.
|
Guarantor: | Goldman Sachs Group, Inc.
|
Issue: | Basket-linked notes
|
Underlying indexes: | Euro Stoxx 50 index (36% weight), Topix index (27% weight), FTSE 100 index (20% weight), Swiss Market index (9% weight) and S&P/ASX 200 index (8% weight)
|
Amount: | $2.7 million
|
Maturity: | Oct. 19, 2021
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | If basket return is positive, par plus basket return; otherwise, par
|
Initial index levels: | 3,182.66 for Euro Stoxx, 1,589.81 for Topix, 7,197.01 for FTSE, 9,142.71 for Swiss Market, 6,059.385 for S&P/ASX
|
Pricing date: | Feb. 14
|
Settlement date: | Feb. 20
|
Agent: | Goldman Sachs & Co.
|
Fees: | 0.875%
|
Cusip: | 40056EWA2
|
© 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.