| 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 plans to price autocallable index-linked notes on S&P 500
By Emma Trincal
New York, Oct. 18 – GS Finance Corp. plans to price 0% autocallable index-linked notes due Nov. 1, 2027 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.
The securities are guaranteed by Goldman Sachs Group, Inc.
The notes will be automatically called at par plus a 26.2% call premium if the index closes at or above its initial level on Oct. 25, 2024.
If the final index level is greater than the initial index level, the payout at maturity will be par plus the index gain.
If the index finishes flat or declines, investors will receive par.
Goldman Sachs & Co. LLC is the agent.
The notes are expected to price on Oct. 25 and to settle on Oct. 28.
The Cusip number is 40057NPH4.
© 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.