GS Finance plans leveraged buffered notes on Dow Jones U.S. Select Dividend

By Sarah Lizee

Olympia, Wash., April 24 – GS Finance Corp. plans to price 0% leveraged buffered index-linked notes due May 1, 2025 tied to the Dow Jones U.S. Select Dividend index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index finishes above its initial level, the payout at maturity will be par plus at least 100% of the gain.

If the index finishes flat or falls by up to 10%, investors will receive par. Otherwise, investors will lose 1% for every 1% decline beyond 10%.

Goldman Sachs & Co. LLC is the agent.

The notes will price on April 27.

The Cusip number is 40057E2X4.

© 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.