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Goldman Sachs plans to price 2% notes linked to Consumer Price Index
By Angela McDaniels
Tacoma, Wash., March 22 - Goldman Sachs Group, Inc. plans to price 2% inflation-linked notes due 2025 tied to annual changes in the Consumer Price Index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable annually.
The payout at maturity will be par plus 180% to 200% of the sum of the index's year-over-year return in each of the years making up the life of the notes, subject to a floor of par.
Goldman, Sachs & Co. is the underwriter.
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