| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers G > Headlines for GS Finance Corp. > News item |
GS Finance plans buffered PLUS due 2020 tied to Euro Stoxx 50 index
New York, July 17 – GS Finance Corp. plans to price 0% buffered Performance Leveraged Upside Securities due Feb. 5, 2020 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity will be par of $10 plus 200% of the index return, subject to a maximum payout of $13.72 per $10 note.
Investors will receive par if the index declines by up to 10% and will lose 1% for each 1% decline beyond 10%.
Goldman Sachs & Co. is the agent, with Morgan Stanley Wealth Management handling distribution.
The notes will price on July 31 and settle three business days later.
The Cusip number is 36253M406.
© 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.