Goldman plans PLUS due 2018 with leverage, cap linked to S&P 500

By Susanna Moon

Chicago, Oct. 13 – GS Finance Corp. plans to price Performance Leveraged Upside Securities due Feb. 5, 2018 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 300% of any index gain, up to a maximum return of 13.9%. The exact cap will be set at pricing.

Investors will be exposed to any losses.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman, Sachs & Co. is the underwriter with Morgan Stanley Wealth Management as dealer.

The notes will price on Oct. 31.

The Cusip number is 36250Y882.

© 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.