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Goldman Sachs to price digital notes linked to Euro Stoxx 50 index
By Jennifer Chiou
New York, March 2 – Goldman Sachs Group, Inc. plans to price 0% digital notes due between 53 and 60 weeks after issue linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is greater than or equal to negative 15%, the payout at maturity will be $1,040 to $1,047 per $1,000 principal amount of notes. Otherwise, investors will lose 1.1765% for every 1% that the index declines beyond 15%.
The exact maturity date and digital payout will be set at pricing.
Goldman Sachs & Co. is the underwriter.
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