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 |
GS Finance eyes index-linked notes linked to MSCI EAFE, Euro Stoxx 50
By Devika Patel
Knoxville, Tenn., April 10 – GS Finance Corp. plans to price 0% index-linked notes due April 21, 2020 tied to the MSCI EAFE index and 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.
The payout at maturity will be par plus 265% of the index return if each index closes at or above its initial level.
If each index finishes at or above 70% of its initial level, the payout at maturity will be par.
If either index falls by more than 30%, investors will lose 1% for each 1% decline of the worst-performing index from its initial level.
Goldman Sachs & Co. is the agent.
The notes (Cusip: 40055AXP7) will price April 11 and settle April 18.
© 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.