E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/20/2017 in the Prospect News Structured Products Daily.

GS Finance plans 15-month trigger notes linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., April 20 – GS Finance Corp. plans to price 0% trigger notes due July 25, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

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

If the index finishes at or above 85% of its initial level, the payout at maturity will be par plus 11.51%. Otherwise, investors will be fully exposed to the index decline.

Goldman Sachs & Co. is the underwriter with JPMorgan as placement agent.

The notes will price on April 21.

The Cusip number is 40054L7E8.


© 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.