New Issue: GS Finance sells $1.46 million index-linked notes on EAFE, FTSE indexes

Chicago, Nov. 17 – GS Finance Corp. priced $1.46 million of 0% index-linked notes due March 9, 2027 linked to the lesser performing of the MSCI EAFE index and the FTSE 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the return of each index is zero or positive, the payout at maturity will be par plus 2.2 times the return of the lesser performing index.

If either index falls but the return of each index is at least negative 20%, the payout will be par.

If either index falls by more than 20%, investors will lose 1% for each 1% decline beyond the 20% buffer.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	MSCI EAFE index and FTSE 100 index
Amount:	$1,460,000
Maturity:	March 9, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If the return of each index is zero or positive, par plus 2.2 times return of lesser performing index; if either index falls but the return of each index is at least negative 20%, par; if either index falls by more than 20%, investors will lose 1% for each 1% decline beyond 20% buffer
Initial levels:	2,035.47 for MSCI, 6,987.14 for FTSE
Buffer levels:	80% of initial levels
Pricing date:	March 4
Settlement date:	March 9
Agent:	Goldman Sachs & Co. LLC
Fees:	1.125%
Cusip:	40057LEJ6

© 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.