E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/21/2016 in the Prospect News Structured Products Daily.

Goldman Sachs plans 36-month par protected notes linked to S&P 500

By Susanna Moon

Chicago, Dec. 21 – GS Finance Corp. plans to price 0% notes due in 36 months linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The payout at maturity will be par plus any index gain, up to a settlement amount of between $1,135 and $1,155 for each $1,000 principal amount.

If the index falls, the payout will be par.

Goldman Sachs & Co. is the agent.

The notes will price on March 24 and settle on March 30.

The Cusip number is 40054KSF4.


© 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.