New Issue: Goldman prices $3.84 million leveraged buffered notes on S&P, MSCI EAFE

By Marisa Wong

Madison, Wis., Dec. 23 - Goldman Sachs Group, Inc. priced $3.84 million of 0% leveraged buffered notes due July 7, 2015 linked to an equally weighted basket comprised of the S&P 500 index and the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par plus 1.1 times the basket return, subject to a maximum payout of $1,151.25 per $1,000 principal amount. Investors will receive par if the basket falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered basket-linked notes
Underlying indexes:	S&P 500, MSCI EAFE; equally weighted
Amount:	$3.84 million
Maturity:	July 7, 2015
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.1 times basket return, subject to 15.125% maximum return; par if basket falls by up to 10%; 1.1111% loss for every 1% decline in index beyond 10%
Initial index levels:	1,809.60 for S&P 500, 1,855.14 for MSCI EAFE
Pricing date:	Dec. 19
Settlement date:	Dec. 27
Underwriters:	Goldman Sachs & Co.
Fees:	1.25%
Cusip:	38147V261

© 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.