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 buffered notes linked to S&P 500
By Jennifer Chiou
New York, April 3 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered notes linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The term is expected to be 60 months.
The payout at maturity will be par plus 1.2 to 1.3 times any index gain. Investors will receive par if the index falls by up to 25% and will lose 1.3333% for every 1% that it declines beyond 25%.
The Cusip is 38147Q2U9.
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.