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Goldman Sachs plans to price trigger notes linked to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., Dec. 11 - Goldman Sachs Group, Inc. plans to price 0% trigger notes due June 17, 2015 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the final index level is greater than or equal to 76.7% of the initial index level, the payout at maturity will be par plus the greater of zero and the index return. Otherwise, investors will lose 1% for every 1% that the final index level is less than the initial index level.
The final index level will be the average of the index's closing levels on the five trading days ending June 12, 2015.
Goldman Sachs & Co. is the underwriter. J.P. Morgan Securities LLC is the placement agent.
The notes will price Dec. 13 and settle Dec. 18.
The Cusip number is 38147Q6E1.
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