Goldman plans leveraged buffered notes linked to iShares MSCI EAFE

By Susanna Moon

Chicago, April 28 – GS Finance Corp. plans to price 0% leveraged buffered notes due May 31, 2018 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The payout at maturity will be par plus double any fund gain, up to a maximum settlement amount of $1,250 to $1,280 for each $1,000 principal amount. The exact cap will be set at pricing.

Investors will receive par if the fund falls by up to 10% and will lose 1% for every 1% decline beyond 10%.

Goldman Sachs & Co. is the agent.

The notes will price on May 25 and settle on May 31.

The Cusip number is 40054KBH8.

© 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.