| 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 plans leveraged buffered index-linked on Russell
By Sarah Lizee
Olympia, Wash., July 26 – GS Finance Corp. plans to price 0% leveraged buffered index-linked notes due Sept. 2, 2021 tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index closes at or above its initial level, the notes will pay 2 times the index return, subject to the maximum settlement amount of between $1,197.50 and $1,217.50 per $1,000 principal amount of notes.
If the index falls by up to 10% of its initial level, investors will receive par. Investors will lose 1% for every 1% decline beyond 10%.
Goldman Sachs & Co. LLC is the agent.
The notes will price on Aug. 30.
The Cusip number is 40056FW68.
© 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.