Published on 9/5/2013 in the Prospect News Structured Products Daily.
New Issue: Goldman prices $6.79 million leveraged index-linked notes on Russell 2000
By Jennifer Chiou
New York, Sept. 5 - Goldman Sachs Group, Inc. priced $6,788,000 of 0% leveraged index-linked notes due March 6, 2015 tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus two times any index gain, capped at 26.8%.
Investors will share in losses.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged index-linked notes
|
| Underlying index: | Russell 2000
|
| Amount: | $6,788,000
|
| Maturity: | March 6, 2015
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 200% of any index gain, capped at 26.8%; exposure to losses
|
| Initial index level: | 1,019.38
|
| Pricing date: | Sept. 3
|
| Settlement date: | Sept. 10
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 1.35%
|
| Cusip: | 38147T324
|
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