Published on 12/5/2013 in the Prospect News Structured Products Daily.
New Issue: Goldman prices $2.65 million leveraged notes linked to MSCI EAFE index
By Jennifer Chiou
New York, Dec. 5 - Goldman Sachs Group, Inc. priced $2,653,000 of 0% leveraged index-linked notes due June 8, 2015 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 300% of the index return, subject to a maximum payout of $1,237 per $1,000 of notes.
Investors will be fully exposed to any decline in the index.
Goldman Sachs & Co. is the underwriter.
Issuer: | Goldman Sachs Group, Inc.
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Issue: | Leveraged index-linked notes
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Underlying index: | MSCI EAFE
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Amount: | $2,653,000
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Maturity: | June 8, 2015
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index return is positive, par plus 300% of the index return, subject to maximum payment of $1,237 per $1,000 of notes; full exposure to any losses
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Initial index level: | 1,862.71
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Pricing date: | Dec. 3
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Settlement date: | Dec. 10
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Underwriter: | Goldman Sachs & Co.
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Fees: | 1.35%
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Cusip: | 38147V238
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