New Issue: Goldman Sachs prices $7.28 million leveraged notes linked to index basket

By Angela McDaniels

Tacoma, Wash., March 24 – Goldman Sachs Group, Inc. priced $7.28 million of 0% leveraged notes due Sept. 23, 2016 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

If the basket return is positive, the payout at maturity will be par plus 1.32 times the basket return. If the basket return is negative, investors will be fully exposed to the decline.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged notes
Underlying indexes:	Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Topix (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:	$7,276,000
Maturity:	Sept. 23, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.32 times basket return; if basket return is negative, full exposure to decline
Initial index levels:	3,726.07 for Euro Stoxx 50, 7,022.51 for FTSE 100, 1,580.51 for Topix, 9,396.29 for Swiss Market and 5,975.491 for S&P/ASX 200
Pricing date:	March 20
Settlement date:	March 27
Underwriter:	Goldman Sachs & Co.
Fees:	1.35%
Cusip:	38146U454

© 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.