Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Euro Stoxx 50 index > News item |
Goldman Sachs plans index-linked notes tied to Euro Stoxx 50 index
By Marisa Wong
Madison, Wis., Nov. 14 - Goldman Sachs Group, Inc. plans to price 0% index-linked notes tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are expected to mature two years after the issue date.
If the index return is greater than or equal to negative 15%, the payout at maturity will be the greater of (i) the threshold settlement amount of $1,160 to $1,175 per $1,000 principal amount and (ii) par plus the index return, subject to a maximum settlement amount of $1,300 per note.
If the index return is less than negative 15%, investors will lose 1.1765% for every 1% decline beyond 15%.
Goldman Sachs & Co. is the underwriter.
The Cusip number is 38141GJA3.
© 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.