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 buffered digital notes linked to Stoxx Europe 600
By Susanna Moon
Chicago, April 17 - Goldman Sachs Group, Inc. plans to price 0% buffered digital notes linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are expected to mature between 23 and 26 months after pricing.
If the index finishes at or above its initial level, the payout at maturity will be the maximum settlement amount of $1,150 to $1,175 per $1,000 principal amount of notes.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.
Goldman Sachs & Co. is the underwriter.
The exact deal terms, including maturity and payment cap, will be set at pricing.
© 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.