Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers G > Headlines for GS Finance Corp. > News item |
Goldman Sachs plans absolute return trigger notes tied to Russell 2000
By Susanna Moon
Chicago, Jan. 26 – GS Finance Corp. plans to price 0% 36-month notes linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus double any index gain, up to a maximum upside settlement amount of $1,510 for each $1,000 principal amount.
If the index falls by up to the 80% knock-out level, the payout will be par plus one-half of the absolute value of the index return.
Otherwise, investors will be fully exposed to any losses.
Goldman Sachs & Co. is the underwriter.
The notes are guaranteed by Goldman Sachs Group, Inc.
The Cusip number is 40054CBQ6.
© 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.