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GS Finance will price leveraged buffered notes on index basket
By Sarah Lizee
Olympia, Wash., June 13 – GS Finance Corp. plans to price 0% leveraged buffered notes due in 46 to 49 months linked to a basket of indexes, 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 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 payout at maturity will be par plus between 3 times any basket gain, capped at between $1,654 and $1,767.10 for each $1,000 of notes.
Investors will receive par if the basket falls by up to 15% and will lose 1.1765% for every 1% decline beyond 15%.
Goldman Sachs & Co. LLC is the underwriter.
The Cusip number is 40056FJ97.
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