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Goldman Sachs to price 0% notes linked to new China Select index
By Laura Lutz
Washington, Dec. 14 - The Goldman Sachs Group Inc. plans to price an issue of 0% notes linked to the Goldman Sachs China Select index, according to a 424B2 filing with the Securities and Exchange Commission.
The China Select index is a newly created composite index that reflects a weighted basket of 30 Chinese stocks. The stocks are the common stocks of companies listed on the Hong Kong Exchange, the New York Stock Exchange and the Nasdaq stock market.
The notes will have a maturity of about 13 months.
Payout at maturity will be par plus any positive or negative percentage change in the index.
Goldman, Sachs & Co. will be the agent for the offering.
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