GS Finance plans two-year leveraged buffered notes tied to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., April 24 – GS Finance Corp. plans to price 0% leveraged buffered notes due April 30, 2019 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 200% of the index return, subject to a maximum payment of $1,350 to $1,410 per $1,000 principal amount. Investors will receive par if the index falls by up to 10% and lose 1% for every 1% decline in the index beyond 10%.

Goldman, Sachs & Co. is the underwriter.

The notes will price on April 25.

The Cusip number is 40054L4U5.

© 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.