| 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 buffered notes tied to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., Oct. 2 - Goldman Sachs Group, Inc. plans to price 36- to 40-month 0% leveraged buffered notes linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 1.25 times to 1.35 times the index return. If the index declines by 15% or less, the payout will be par. If the index declines by more than that, investors will lose 1.1765% for every 1% that the index declines beyond 15%.
The exact upside participation rate will be set at pricing.
Goldman Sachs & Co. is the underwriter.
The Cusip number is 38147QXN1.
© 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.