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 |
GS Finance plans to price buffered PLUS linked to Euro Stoxx 50 index
By Angela McDaniels
Tacoma, Wash., Jan. 7 – GS Finance Corp. plans to price 0% buffered Performance Leveraged Upside Securities due Jan. 18, 2019 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The notes will be guaranteed by Goldman Sachs Group, Inc.
If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 200% of the index return, subject to a maximum return of 40%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.
Goldman Sachs & Co. is the agent. Morgan Stanley Wealth Management is acting as dealer.
The notes will price Jan. 15.
The Cusip number is 36250E209.
© 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.