GS Finance plans leveraged index-linked notes due 2024 on Euro Stoxx

By Sarah Lizee

Olympia, Wash., May 30 – GS Finance Corp. plans to price 0% leveraged index-linked notes due July 1, 2024 tied 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 180% to 190%the index return.

Investors will receive par if the index declines.

The notes (Cusip: 40055QBU5) are expected to price June 26 and settle June 29.

Goldman Sachs & Co. is the underwriter.

© 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.