New Issue: GS Finance prices $2.62 million digital notes on MSCI EAFE

By Wendy Van Sickle

Columbus, Ohio, March 17 – GS Finance Corp. priced $2.62 million of 0% digital notes due March 19, 2019 linked to the MSCI EAFE 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 at least negative 15%, the payout at maturity will be the threshold settlement amount of $1,110 per $1,000 of notes. Investors will lose 1.1765% for each 1% decline beyond 15%.

Goldman Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Digital notes
Underlying index:	MSCI EAFE
Amount:	$2,615,000
Maturity:	March 19, 2019
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If the index return at least negative 15%, par plus 11%; 1.1765% loss for each 1% decline beyond 15%
Initial level:	1,765.06
Pricing date:	March 14
Settlement date:	March 21
Underwriter:	Goldman, Sachs & Co.
Fees:	1.45%
Cusip:	40054L2F0

© 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.