| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers G > Headlines for GS Finance Corp. > News item |
Goldman plans five-year leveraged buffer notes tied to index basket
By Susanna Moon
Chicago, Dec. 26 – GS Finance Corp. plans to price 0% leveraged buffered basket-linked notes due Dec. 30, 2022 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Russell 2000 index with a 25% weight, the S&P 500 index with a 25% weight, the iShares MSCI EAFE exchange-traded fund with a 25% weight and the Euro Stoxx 50 index with a 25% weight.
The payout at maturity will be par plus 1.855 times any basket gain.
Investors will receive par if the basket falls by up to 5% and lose 1% for each 1% decline beyond 5%.
Goldman Sachs Group, Inc. is the guarantor.
Goldman Sachs & Co. LLC is the agent.
The notes will price on Dec. 27.
The Cusip number is 40055ABE6.
© 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.