| 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 Euro Stoxx 50 index, Stoxx Europe 600 index
By Emma Trincal
New York, Aug. 23 – GS Finance Corp. plans to price 0% index-linked notes due Aug. 31, 2026 linked to the lesser performing of the Euro Stoxx 50 index and the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If each index finishes at or above its initial level, the payout at maturity will be par plus 2.5165 times the return of the worst performer.
If any index finishes below its initial level, but none decline by more than 30%, the payout at maturity will be par. Otherwise, investors will be exposed the decline of the worst performer from its initial level.
Goldman Sachs & Co. LLC is the underwriter.
The notes will price on Aug. 30 and settle on Sept. 2.
The Cusip number is 40057JBX3.
© 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.