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 to price CDs due 2025 linked to Euro Stoxx 50
By Sarah Lizee
Olympia, Wash., Nov. 20 – Goldman Sachs Bank USA plans to price 0% certificates of deposit due Dec. 2, 2025 linked to the Euro Stoxx 50 index, according to a term sheet.
If the index return is positive, the payout at maturity will be par plus 190% to 200% of the index return. The exact upside participation rate will be set at pricing. If the index return is zero or negative, the payout will be par.
Goldman Sachs & Co. is the underwriter. Incapital LLC is distributor.
The CDs will price Nov. 26.
The Cusip number is 38148RP31.
© 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.