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 return optimization notes linked to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., March 24 – Goldman Sachs Group, Inc. plans to price 0% return optimization securities due April 29, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus three times the index return, subject to a maximum settlement amount that is expected to be $11.50 to $11.70 per $10.00 principal amount of notes and will be set at pricing. If the index return is negative, investors will experience a loss proportionate to the index’s decline.
Goldman Sachs & Co. is the underwriter.
The notes are expected to price March 27 and settle March 31.
The Cusip number is 38146U553.
© 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.