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 index-linked trigger notes tied to Euro Stoxx
By Marisa Wong
Madison, Wis., July 1 – Goldman Sachs Group, Inc. plans to price 0% trigger notes due July 19, 2016 linked to the Euro Stoxx index, according to a 424B2 with the Securities and Exchange Commission.
If the index return is at least 85% of the initial level, the payout at maturity will be par plus the greater of the index return and zero, subject to a maximum settlement amount of $1,200 per $1,000 principal amount.
Otherwise, investors will receive par plus the index return, with full exposure to the index decline.
Goldman Sachs & Co. is the underwriter. J.P. Morgan Securities LLC is the placement agent.
The notes are expected to price July 2 and settle July 7.
The Cusip number is 38148T7A1.
© 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.