GS Finance plans to price eight-year capped notes linked to the Dow

By Marisa Wong

Morgantown, W.Va., Nov. 8 – GS Finance Corp. plans to price 0% notes due Nov. 27, 2024 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

The payout at maturity will be par plus any index gain, subject to a maximum settlement amount of $1,600 to $1,700 per $1,000 principal amount.

If the index falls, the payout will be par.

Goldman Sachs & Co. is the agent.

The notes will price on Nov. 22 and settle on Nov. 28.

The Cusip number is 40054KNU6.

© 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.