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 Sachs to price leveraged notes linked to S&P 500 Energy Sector
By Angela McDaniels
Tacoma, Wash., March 7 - Goldman Sachs Group, Inc. plans to price 0% leveraged index-linked notes tied to the S&P 500 Energy Sector index, according to a 424B2 filing with the Securities and Exchange Commission.
The tenor of the notes will be 24 to 27 months.
The payout at maturity will be par plus 200% of any increase in the index, subject to a maximum return of 30% to 35% that will be set at pricing. Investors will be exposed to any decline in the index.
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.