Goldman Sachs to price basket-linked notes on MSCI Italy stocks

By Marisa Wong

Madison, Wis., June 9 – Goldman Sachs Group, Inc. plans to price 0% basket-linked notes tied to the 26 ordinary shares and saving shares of the 24 Italian companies included in the MSCI Italy index, according to a 424B2 filing with the Securities and Exchange Commission.

The unequally weighed basket of stocks includes the following companies: Assicurazioni Generali SpA, Atlantia SpA, Banca Monte dei Paschi di Siena SpA, Banco Popolare, CNH Industrial, Enel Green Power SpA, Enel SpA, Eni SpA, Exor SpA, Fiat SpA, Finmeccanica SpA, Intesa Sanpaolo SpA, Luxottica Group SpA, Mediobanca Banca di Credito Finanziario SpA, Pirelli & C SpA, Prysmian SpA, Saipem SpA, Snam SpA, Telecom Italia SpA, Tenaris SA, Terna Rete Elettrica Nazionale SpA, UniCredit SpA, Unione di Banche Italiane ScpA and Unipolsai SpA.

The initial weights are based on the weights of the 24 companies in the index as of June 4. For companies having more than one series of shares in the index, the weights of those series were combined.

The maturity is expected to be 18 months after issue.

The payout at maturity will be par plus the basket return. Investors will be fully exposed to losses.

The exact deal terms will be set at pricing.

Goldman Sachs & Co. is the agent.

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