| 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 leveraged buffered notes linked to S&P 500
By Marisa Wong
Morgantown, W.Va., Oct. 16 – 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 and will be set at pricing.
If the index return is positive, the payout at maturity will be par plus 1.1 to 1.2 times the index return. Investors will receive par if the index declines by 25% or less and will lose 1.3333% for every 1% that it declines beyond 25%.
Goldman Sachs & Co. is the underwriter.
The Cusip number is 38148TEJ4.
© 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.