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 7/5/2018 in the Prospect News Structured Products Daily.

Credit Suisse plans PLUS due 2019 with cap tied to iShares MSCI EM

By Susanna Moon

Chicago, July 5 – GS Finance Corp. plans to price Performance Leveraged Upside Securities due Nov. 5, 2019 linked to the iShares® MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 300% of any fund gain, up to a maximum payment of $12.01 per PLUS.

Investors will lose 1% for each 1% decline.

Credit Suisse Securities (USA) LLC is the agent with Morgan Stanley Smith Barney LLC as the dealer.

The notes will price on July 13.

The Cusip number is 22549M772.


© 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.