Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers G > Headlines for Goldman Sachs Bank USA > News item |
Goldman plans CDs due 2026 tied to GS Momentum Builder Multi-Asset
By Wendy Van Sickle
Columbus, Ohio, Dec. 15 – Goldman Sachs Bank USA plans to price 0% certificates of deposit due Dec. 31, 2026 linked to the GS Momentum Builder Multi-Asset 5S ER index, according to a term sheet.
The payout at maturity will be par plus 2.75 to 3 times any index gain, with the exact participation rate to be set at pricing.
If the index falls, the payout will be par.
Goldman Sachs & Co. is the agent. Incapital LLC is the distributor.
The CDs will price on Dec. 27 and settle on Dec. 30.
The Cusip number is 38148DQ23.
© 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.