Goldman Sachs to price buffered notes linked to S&P 500, MSCI EAFE

By Toni Weeks

San Diego, Feb. 14 - Goldman Sachs Group, Inc. plans to price 41- to 47-month 0% buffered basket-linked notes tied to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index, with a 70% weight, and the MSCI EAFE index, with a 30% weight.

If the basket return is positive, the payout at maturity will be par plus the basket return.

Investors will receive par if the basket declines by up to 25% and will lose 1.3333% for each 1% decline beyond 25%.

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.