New Issue: Goldman prices $6.14 million leveraged buffered notes on five indexes

By Jennifer Chiou

New York, Feb. 18 – Goldman Sachs Group, Inc. priced $6,136,000 of 0% leveraged buffered notes due Feb. 16, 2017 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 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 1.5 times any basket gain, capped at 21.45%.

Investors will receive par if the basket declines by up to 10% and will lose 1.1111% for each 1% decline in the basket beyond 10%.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered basket-linked notes
Underlying basket:	Euro Stoxx 50 index (37% weight), FTSE 100 index (23% weight), Topix index (23% weight), Swiss Market index (9% weight) and S&P/ASX 200 index (8% weight)
Amount:	$6,136,000
Maturity:	Feb. 16, 2017
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 150% of basket return, capped at 21.45%; par if basket falls by up to 10%; 1.1111% loss for each 1% decline beyond 10%
Initial index levels:	3,447.59 for Euro Stoxx, 6,873.52 for FTSE 100, 1,449.38 for Topix, 8,651.98 for Swiss Market and 5,877.467 for S&P/ASX
Pricing date:	Feb. 13
Settlement date:	Feb. 23
Underwriter:	Goldman Sachs & Co.
Fees:	1.65%
Cusip:	38148L676

© 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.