New Issue: GS Finance sells $4.01 million index-linked notes on S&P 500

By Wendy Van Sickle

Columbus, Ohio, May 4 – GS Finance Corp. priced $4.01 million of 0% index-linked notes due April 25, 2025 linked to the performance of the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index finishes at or above its initial level, the payout will be par plus the index return, capped at 21%.

Otherwise, investors will receive par.

Goldman Sachs & Co. LLC is the agent with JPMorgan as placement agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying index:	S&P 500 index
Amount:	$4,014,000
Maturity:	April 25, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes at or above initial level, par plus index return, capped at 21%; otherwise, par
Initial level:	4,271.78
Pricing date:	April 22
Settlement date:	April 27
Agent:	Goldman Sachs & Co. LLC with JPMorgan as placement agent
Fees:	0%
Cusip:	40057LQ20

© 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.