| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers G > Headlines for GS Finance Corp. > News item |
GS Finance to price index-linked notes on S&P 500, Euro Stoxx 50
By Marisa Wong
Los Angeles, July 27 – GS Finance Corp. plans to price 0% index-linked notes due Aug. 3, 2023 tied to the S&P 500 index and 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 each index finishes at or above its initial level, the payout at maturity will be par plus 130% of the return of the lesser-performing index.
If the lesser performing index falls by no more than 20%, the payout will be par.
Investors will lose 1% for every 1% decline of the lesser performing index beyond 20%.
Goldman Sachs & Co. LLC is the underwriter.
The notes will price on July 29.
The Cusip number is 40057CHK0.
© 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.