New Issue: GS Finance sells $560,000 index-linked notes on Dow, Nasdaq, Russell

By Kiku Steinfeld

Chicago, June 4 – GS Finance Corp. priced $560,000 of 0% index-linked notes due May 31, 2024 tied to the Dow Jones industrial average, the Nasdaq-100 index and the Russell 2000 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 its initial level, the payout will be par plus 2.2 times the return of the least performing index.

If any index falls, the payout will be par plus the return of the least performing index with full exposure to the decline.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Dow Jones industrial average, Nasdaq-100 and Russell 2000
Amount:	$560,000
Maturity:	May 31, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 2.2 times the return of the least performing index; if any index falls, par plus the return of the least performing index with full exposure to decline
Initial levels:	25,548.27 for Dow, 9,442.046 for Nasdaq and 1,436.358 for Russell
Pricing date:	May 27
Settlement date:	June 1
Agent:	Goldman Sachs & Co. LLC
Fees:	1.45%
Cusip:	40057C3U3

© 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.