New Issue: GS Finance sells $4.06 million index-linked notes on Russell, S&P, EM index

By Wendy Van Sickle

Columbus, Ohio, May 14 – GS Finance Corp. priced $4.06 million of 0% index-linked notes due June 16, 2021 tied to the Russell 2000 index, the MSCI Emerging Markets index and 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 each index finishes at or above 85% of its initial level, investors will receive par plus 12.6%.

Investors will be exposed to losses of the least-performing index beyond 15%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Russell 2000, MSCI Emerging Markets, S&P 500
Amount:	$4,061,000
Maturity:	June 16, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above 85% of its initial level, par plus 12.6%; exposure to any losses of the least-performing index beyond 15%
Initial index levels:	2,930.32 for S&P, 915.9 for EM and 1,321.24 for Russell
Pricing date:	May 11
Settlement date:	May 14
Agent:	Goldman Sachs & Co. LLC
Fees:	0.35%
Cusip:	40057C2G5

© 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.