E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 6/6/2018 in the Prospect News Structured Products Daily.

Goldman plans digital index-linked notes tied to Stoxx 50, Russell

By Susanna Moon

Chicago, June 6 – GS Finance Corp. plans to price digital index-linked notes due in 72 months linked to the lesser performing of the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its 70% threshold, the payout at maturity will be par plus the greater of 54.75% and any gain of the worse performing index.

Otherwise, investors will lose 1.4286% for each 1% decline of the worse performing index.

The guarantor is Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

The Cusip number is 40055QCG5.


© 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.