GS Finance to price trigger jump notes linked to iShares MSCI EM

By Marisa Wong

Morgantown, W.Va., Dec. 27 – GS Finance Corp. plans to price 0% trigger jump securities due July 5, 2018 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the final share price is greater than or equal to the initial share price, the payout at maturity will be par plus the upside payment of 19.3%. Investors will receive par if the ETF declines by 10% or less and will be exposed to declines from the initial share price if the ETF falls by more than 10%.

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

The notes will price Dec. 29.

The Cusip number is 36251U566.

© 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.