By Angela McDaniels
Tacoma, Wash., April 25 – GS Finance Corp. priced $37 million of 0% notes due July 26, 2016 linked to the MSCI Europe index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
For each $1,000 principal amount of notes, the payout at maturity will be 101.45% of the sum of (a) $1,000 plus (b) the product of $1,000 times the index return.
Because of the adjustment factor, the payout will be less than par if the index return is less than slightly in excess of negative 1.4293%.
Goldman Sachs & Co. is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | MSCI Europe
|
| Amount: | $37 million
|
| Maturity: | July 26, 2016
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | 101.45% of sum of (a) $1,000 plus (b) product of $1,000 times index return
|
| Initial index level: | 118.05
|
| Pricing date: | April 21
|
| Settlement date: | April 26
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.05%
|
| Cusip: | 40054KAY2
|
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