Goldman Sachs plans to price leveraged notes linked to the Dow

By Toni Weeks

San Diego, Aug. 22 - Goldman Sachs Group, Inc. plans to price 0% leveraged notes tied to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature 72 months after issue.

The payout at maturity will be par plus 1.1 to 1.2 times the index return. The exact participation rate will be determined at pricing.

Investors will receive par if the index falls.

The Cusip is 38143U46M8.

Goldman Sachs & Co. will be the agent.

© 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.