E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/11/2010 in the Prospect News Structured Products Daily.

Goldman Sachs plans to sell leveraged index-linked notes on S&P 500

By Susanna Moon

Chicago, May 11 - Goldman Sachs Group, Inc. plans to price 0% leveraged index-linked notes due June 3, 2011 based on the performance of the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any index gain, up to the maximum settlement amount of $1,213.60 per $1,000 principal amount of notes.

Investors will be exposed to any losses.

The notes will price on May 14 and settle on May 19.

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.