| 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 to price underlier-linked notes on iShares EAFE, Euro Stoxx
By Marisa Wong
Morgantown, W.Va., Feb. 20 – GS Finance Corp. plans to price 0% underlier-linked notes due Feb. 27, 2023 linked to the iShares MSCI EAFE exchange-traded fund and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the return of each underlier is zero or positive, the payout at maturity will be par plus 3.12 times the return of the lesser performing underlier.
If either underlier falls but the return of each underlier is at least negative 45%, the payout will be par.
If either underlier falls by more than 45%, investors will be fully exposed to the decline of the lesser performing underlier.
Goldman, Sachs & Co. is the underwriter.
The notes will price Feb. 22.
The Cusip number is 40055AMF1.
© 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.