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 plans leveraged notes linked to MSCI EAFE, S&P 500
By Marisa Wong
Madison, Wis., Feb. 20 - Goldman Sachs Group, Inc. plans to price 0% leveraged basket-linked notes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the MSCI EAFE index, with a 33% weight, and the S&P 500 index, with a 67% weight.
The notes are expected to have a maturity of 24 to 27 months.
If the basket return is positive, the payout at maturity will be par plus 130% to 145% of the basket gain. Otherwise, the payout will be par plus the basket return with full exposure to losses.
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.