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 three-year capped trigger gears tied to S&P MidCap 400
By Susanna Moon
Chicago, Jan. 12 – GS Finance Corp. plans to price 0% trigger gears due Jan. 29, 2021 linked to the S&P MidCap 400 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus double any index gain, up to a maximum return of $12.70 to $13.00 for each $10 principal amount.
Investors will receive par if the index falls by up to 20% and will be fully exposed to any losses if the index finishes below its 80% downside threshold.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the agent.
The notes will price on Jan. 26.
The Cusip number is 36254F681.
© 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.