Published on 9/8/2014 in the Prospect News Structured Products Daily.
New Issue: Goldman prices $4.88 million notes tied to basket of 22 Spanish stocks
By Marisa Wong
Madison, Wis., Sept. 8 – Goldman Sachs Group, Inc. priced $4.88 million of 0% notes due Oct. 8, 2015 linked to 22 ordinary shares of the 22 Spanish companies included in the MSCI Spain 25/50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The underlying companies are Amadeus IT Holding SA, Banco Bilbao Vizcaya Argenta, Banco De Sabadell SA, Banco Popular Espanol, Banco Santander SA, Bankia SA, Caixabank SA, Gas Natural SDG SA, Iberdrola SA, Inditex, Red Electrica Corporacion SA, Repsol SA and Telefonica SA, each with a 5% weight; Abertis Infraestructuras SA with a 4.842% weight, Ferrovial SA with a 4.72% weight, ACS Actividades de Construccion y Servicios SA with a 4.514% weight, Enagas SA with a 4.464% weight, Grifols SA with a 4.001% weight, International Consolidated Airlines Group SA with a 3.727% weight, Distribuidora Internacional de Alimentacion SA with a 3.498% weight, Mapfre SA with a 2.856% weight and Zardoya Otis SA with a 2.378% weight.
The payout at maturity will be par plus the basket return. Investors will share in any losses.
Goldman Sachs & Co. is the underwriter.
| Issuer: | Goldman Sachs Group, Inc.
|
| Issue: | Basket-linked notes
|
| Underlying stocks: | 22 Spanish companies included in the MSCI Spain 25/50 index: Amadeus IT Holding SA, Banco Bilbao Vizcaya Argenta, Banco De Sabadell SA, Banco Popular Espanol, Banco Santander SA, Bankia SA, Caixabank SA, Gas Natural SDG SA, Iberdrola SA, Inditex, Red Electrica Corporacion SA, Repsol SA and Telefonica SA, each with a 5% weight; Abertis Infraestructuras SA with a 4.842% weight, Ferrovial SA with a 4.72% weight, ACS Actividades de Construccion y Servicios SA with a 4.514% weight, Enagas SA with a 4.464% weight, Grifols SA with a 4.001% weight, International Consolidated Airlines Group SA with a 3.727% weight, Distribuidora Internacional de Alimentacion SA with a 3.498% weight, Mapfre SA with a 2.856% weight and Zardoya Otis SA with a 2.378% weight
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| Amount: | $4,879,000
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| Maturity: | Oct. 8, 2015
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus basket return; full exposure to any losses
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| Pricing date: | Sept. 4
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| Settlement date: | Sept. 11
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.645%
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| Cusip: | 38148F380
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