GS Finance to price five-year market-linked notes tied to Russell 2000

By Marisa Wong

Morgantown, W.Va., Sept. 8 – GS Finance Corp. plans to price 0% market-linked notes due Sept. 15, 2022 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus the index gain, subject to a cap of 29%. If the index finishes flat or falls, the payout will be par.

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

The notes will price on Sept. 11.

The Cusip number is 36253M703.

© 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.