E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 3/25/2013 in the Prospect News Structured Products Daily.

Goldman Sachs plans to price buffered notes linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., March 25 - Goldman Sachs Group, Inc. plans to price 0% buffered index-linked notes linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature five years after pricing.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be the greater of par plus the index return and the threshold settlement amount of $1,510 to $1600, with the exact amount to be set at pricing.

If the index falls by up to 20%, the payout will be par. Investors will lose 1.25% for every 1% decline beyond 20%.

Goldman Sachs & Co. is 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.