Goldman Sachs plans capped leveraged buffered notes on Euro Stoxx 50

By Marisa Wong

Madison, Wis., June 25 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered index-linked notes tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature 24 to 27 months after issue.

If the index return is positive, the payout at maturity will be par plus 1.5 times the gain, subject to a maximum settlement amount of $1,270 to $1,315 per $1,000 note.

If the index falls by up to 15%, the payout will be par. If the index falls by more than 15%, investors will lose 1.1765% for every 1% that it declines beyond 15%.

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.