Goldman Sachs to price leveraged index-linked notes tied to S&P 500

By Marisa Wong

Madison, Wis., July 9 - Goldman Sachs Group, Inc. plans to price 0% leveraged index-linked notes based on the performance of the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be due between 12 and 13 months after issue.

The payout at maturity will be par plus five times any index gain, up to a maximum settlement amount of $1,200 to $1,235 per $1,000 principal amount.

Investors will be exposed to any losses.

The exact deal 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.