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Prospect News home > News index > List of issuers G > Headlines for GS Finance Corp. > News item
Published on 6/17/2016 in the Prospect News Structured Products Daily.

Goldman Sachs plans capped gears notes due 2017 linked S&P MidCap 400

By Susanna Moon

Chicago, June 17 – GS Finance Corp. plans to price 0% capped gears notes due Aug. 31, 2017 linked to the S&P MidCap 400 index, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The payout at maturity will be par plus triple any index gain, up to a maximum return of 12.5% to 14%.

Investors will be exposed to any losses.

Goldman, Sachs & Co. is the agent.

The notes will price on June 27 and settle on June 30.

The Cusip number is 36250Y304.


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