New Issue: Goldman Sachs prices $2.1 million trigger notes linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., Dec. 23 – Goldman Sachs Group, Inc. priced $2.1 million of 0% leveraged trigger notes due Dec. 29, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above 60% of the initial level, the payout at maturity will be par plus the greater of zero and 1.67 times the index return.

Otherwise, the payout will be par plus the index return, with exposure to any losses.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged trigger notes
Underlying index:	Euro Stoxx 50
Amount:	$2,101,000
Maturity:	Dec. 29, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above 60% trigger level, par plus greater of zero and 1.67 times the index return; otherwise, par plus the index return, with exposure to any losses
Initial index level:	3,141.28
Pricing date:	Dec. 19
Settlement date:	Dec. 29
Underwriter:	Goldman Sachs & Co.
Fees:	3.625%
Cusip:	38147QP75

© 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.