By Tali Rackner
Norfolk, Va., Nov. 18 – Goldman Sachs Group, Inc. priced $9.56 million of 0% return optimization securities due Dec. 8, 2016 linked 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 of $10 plus three times the index return, subject to a maximum return of 15.5%.
If the index return is negative, investors will be fully exposed to the decline.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Return optimization securities
|
| Underlying index: | MSCI EAFE index
|
| Amount: | $9.56 million
|
| Maturity: | Dec. 8, 2016
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus three times the index gain, subject to $11.55 maximum payment per note; exposure to any index decline
|
| Initial index level: | 1,743.48
|
| Pricing date: | Nov. 6
|
| Settlement date: | Nov. 10
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 2.1%
|
| Cusip: | 38148X563
|
|
|
|
|
© 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.
