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 plans to sell index-linked notes due 2021 on Euro Stoxx 50
By Devika Patel
Knoxville, Tenn., July 9 – GS Finance Corp. plans to price 0% index-linked notes due Jan. 14, 2021 linked to 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 index return is positive, the payout at maturity will be par plus $1,315 per $1,000 of notes.
Investors will receive par if the index declines by up to 35% and will lose 1% for each 1% decline of the index from its initial level if the index falls by more than 35%.
Goldman Sachs & Co. is the agent.
The notes (Cusip: 40055QMF6) will price July 10 and settle July 13.
© 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.