Goldman to sell 0% deposit notes tied to Dow Industrials, Euro Stoxx

By Susanna Moon

Chicago, Feb. 2 - Goldman Sachs Bank USA plans to price 0% equity index basket-linked deposit notes based on the performance of two equally weighted indexes, according to a term sheet.

The underlying indexes are the Dow Jones Industrial Average and the Dow Jones Euro Stoxx 50 index.

The notes will mature between five and five-and-a-half years after issuance.

The payout at maturity will be par plus any basket gain.

If the basket falls, investors will receive par.

The pricing date is expected to be Feb. 22.

Goldman, Sachs & Co. will be the underwriter. Incapital LLC is the distributor.

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