GS Finance eyes leveraged notes linked to MSCI Spain 25/50 stocks

By Sarah Lizee

Olympia, Wash., March 6 – GS Finance Corp. plans to price 0% leveraged basket-linked notes due in 18 to 21 months linked to an unequally weighted basket of ordinary shares of the 22 Spanish companies included in the MSCI Spain 25/50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The basket consists of the ordinary shares of ACS Actividades de Construccion y Servicios SA (5% weight), Aena SA (5% weight), Amadeus IT Group SA (5% weight), Banco Bilbao Vizcaya Argentaria SA (5% weight), Banco De Sabadell SA (3.71% weight), Banco Santander SA (5% weight), Bankia SA (3.71% weight), Bankinter SA (3.71% weight), Caixabank SA (5% weight), Enagas SA (4.61% weight), Endesa SA (5% weight), Ferrovial SA (5% weight), Grifols SA (5% weight), Iberdrola SA (5% weight), Industria de Diseno Textil SA (5% weight), International Consolidated Airlines Group SA (3.86% weight), Mapfre SA (2.85% weight), Naturgy Energy Group SA (5% weight), Red Electrica Corporacion (5% weight), Repsol SA (5% weight), Siemens Gamesa Renewable Energy SA (3.39% weight) and Telefonica SA (5% weight).

The payout at maturity will be par plus 2.3 to 2.5 times any basket gain.

Otherwise, investors will be exposed to any losses.

Goldman Sachs & Co. is the agent.

The Cusip number is 40056EYJ1.

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