Goldman Sachs plans buffered notes due 2014 tied to S&P 500 index

By Susanna Moon

Chicago, May 2 - Goldman Sachs Group, Inc. plans to price 0% buffered index-linked notes due Dec. 1, 2014 on the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain.

Investors will receive par if the index falls by up to 20% and will be exposed to any losses beyond 20%.

Goldman, Sachs & Co. is the underwriter.

The Cusip is 38143UUK5

© 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.