New Issue: Goldman prices $2.38 million leveraged basket-linked notes on indexes

By Kiku Steinfeld

Chicago, Sept. 3 – GS Finance Corp. priced $2.38 million of 0% leveraged basket-linked notes due Sept. 2, 2025 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 19% weight, the Swiss Market index with a 10% weight and the S&P/ASX 200 index with an 8% weight.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the basket return is positive, the payout at maturity will be par plus 1.1 times the basket return.

If the basket decline, the payout will be par plus the return of the basket with full exposure to the decline.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged basket-linked notes
Underlying indexes:	Euro Stoxx 50 (36% weight), Topix (27% weight), FTSE 100 (19% weight), Swiss Market (10% weight), S&P/ASX 200 (8% weight)
Amount:	$2,375,000
Maturity:	Sept. 2, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.1 times the basket return; otherwise, par plus the return of the basket with full exposure to the decline
Initial levels:	3,331.04 for Euro Stoxx, 1,615.89 for FTSE, 5,999.99 for Topix, 10,240.46 for Swiss Market, 6,126.231 for S&P/ASX
Pricing date:	Aug. 27
Settlement date:	Sept. 1
Agent:	Goldman Sachs & Co. LLC
Fees:	4.6%
Cusip:	40057CPQ8

© 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.