By Marisa Wong
Madison, Wis., March 18 - Goldman Sachs Group, Inc. priced $1.75 million of 0% index-linked trigger notes due Sept. 16, 2015 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above 80% of the initial index level, the payout at maturity will be par plus the greater of the index return and 2.7%.
If the final index level is less than the 80% trigger level, the payout will be par plus the index return, with full exposure to losses.
The final index level is the average of the closing index levels on the five trading days ending Sept. 11, 2015.
Goldman Sachs & Co. is the underwriter. J.P. Morgan Securities LLC is the placement agent.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked trigger notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $1.75 million
|
| Maturity: | Sept. 16, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index finishes at or above 80% of initial level, par plus greater of index return and 2.7%; otherwise, par plus index return, with full exposure to losses
|
| Initial index level: | 3,004.64
|
| Trigger level: | 80% of initial level
|
| Pricing date: | March 14
|
| Settlement date: | March 19
|
| Underwriter: | Goldman Sachs & Co. with JPMorgan as placement agent
|
| Fees: | 1.35%
|
| Cusip: | 38147QVX1
|
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