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 trigger performance notes linked to S&P 500
By Toni Weeks
San Luis Obispo, Calif., June 18 – Goldman Sachs Group, Inc. plans to price 0% trigger performance securities due Feb. 26, 2021 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par of $10 plus 140% of the index return. Investors will receive par if the index falls by 30% or less and will be fully exposed to losses from the initial level if it falls by more than 30%.
Goldman Sachs & Co. is the underwriter.
The notes are expected to price June 23 and settle June 26.
The Cusip number is 38148W797.
© 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.