Published on 4/29/2016 in the Prospect News Structured Products Daily.
New Issue: GS Finance prices $1 million notes tied to Solactive Eurozone 50
By Marisa Wong
Morgantown, W.Va., April 29 – GS Finance Corp. priced $1 million of 0% index-linked notes due Jan. 28, 2022 linked to the Solactive Eurozone 50 Equal Weight 5% AR index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity will be par plus the index gain. If the index return is zero or negative, investors will receive par.
Goldman Sachs & Co. is the agent.
Issuer: | GS Finance Corp.
|
Guarantor: | Goldman Sachs Group, Inc.
|
Issue: | Index-linked notes
|
Underlying index: | Solactive Eurozone 50 Equal Weight 5% AR index
|
Amount: | $1 million
|
Maturity: | Jan. 28, 2022
|
Coupon: | 0%
|
Price: | Par
|
Payout at maturity: | If the index return is positive, par plus the index gain; otherwise, par
|
Initial level: | 89.80
|
Pricing date: | April 25
|
Settlement date: | April 28
|
Agent: | Goldman, Sachs & Co.
|
Fees: | 2.7%
|
Cusip: | 40054KAE6
|
|
© 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.