By Sarah Lizee
Olympia, Wash., Dec. 13 – GS Finance Corp. priced $4.75 million of 0% leveraged index-linked notes due Jan. 14, 2020 tied to 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 return is zero or positive, the payout at maturity will be par plus 300% of the index return, subject to a maximum payment of $1,188.40 per $1,000 principal amount.
Investors will be fully exposed to any losses.
Goldman Sachs & Co. is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged index-linked notes
|
| Underlying index: | S&P 500
|
| Amount: | $4.75 million
|
| Maturity: | Jan. 14, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is zero or positive, par plus three times index return, capped at par plus 18.84%; full exposure to any losses
|
| Initial index level: | 2,637.72
|
| Pricing date: | Dec. 10
|
| Settlement date: | Dec. 17
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.86%
|
| Cusip: | 40056EM47
|
© 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.
