| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers G > Headlines for Goldman Sachs Group, Inc. > News item |
Goldman to price leveraged buffered notes on iShares MSCI EM fund
By Jennifer Chiou
New York, Nov. 16 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered notes linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.
The tenor of the notes will be 18 to 21 months.
The payout at maturity will be par plus 150% of any increase in the exchange-traded fund's share price, subject to a maximum return of 17.25% to 20.25% that will be set at pricing. Investors will receive par if the share price falls by 15% or less and will lose 1.1765% for every 1% that it declines beyond 15%.
The exact terms will be set at pricing.
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.