Published on 7/22/2015 in the Prospect News Structured Products Daily.
New Issue: Goldman prices $63.5 million three-month notes linked to MSCI Europe
By Angela McDaniels
Tacoma, Wash., July 22 – Goldman Sachs Group, Inc. priced $63.5 million of 0% notes due Oct. 23, 2015 linked to the MSCI Europe index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be 100.2% of the sum of (a) $1,000 plus (b) the product of $1,000 times the index return. Because of the adjustment factor, investors will receive less than par if the index return is less than negative 0.1996%.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | MSCI Europe
|
| Amount: | $63.5 million
|
| Maturity: | Oct. 23, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | 100.2% of sum of (a) $1,000 plus (b) product of $1,000 times index return
|
| Initial index level: | 137.84
|
| Pricing date: | July 20
|
| Settlement date: | July 23
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.05%
|
| Cusip: | 362273AB0
|
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