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 leveraged notes tied to Euro Stoxx 50 index
By Devika Patel
Knoxville, Tenn., June 17 – GS Finance Corp. plans to price 18- to 21-month 0% leveraged notes linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity will be par plus 125% to 135% of the index return. The exact participation rate will be set at pricing.
If the index return is zero or negative, investors will lose 1% for each 1% decline.
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.