By Marisa Wong
Los Angeles, Sept. 1 – GS Finance Corp. priced $1.21 million of 0% index-linked notes due Aug. 29, 2024 linked to the performance of the Goldman Sachs Momentum Builder Focus ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index finishes above its initial level, the payout at maturity will be par plus 1.4 times the gain. Otherwise, investors will receive par.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked notes
|
| Underlying index: | Goldman Sachs Momentum Builder Focus ER index
|
| Amount: | $1.21 million
|
| Maturity: | Aug. 29, 2024
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.4 times any index gain; otherwise, par
|
| Initial level: | 101.79
|
| Pricing date: | Aug. 26
|
| Settlement date: | Aug. 31
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 2.3%
|
| Cusip: | 40057MUX5
|
|
|
© 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.
