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 leveraged buffered notes due 2021 tied to MSCI EAFE
By Sarah Lizee
Olympia, Wash., Sept. 6 – GS Finance Corp. plans to price 0% leveraged buffered notes due March 30, 2021 linked to the MSCI EAFE index, according to a 424B2 filed 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 2 times the return, capped at $1,210 to $1,240 per $1,000 of notes.
If the index falls by up to 10%, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% decline beyond the 10% buffer.
Goldman Sachs & Co. is the agent.
The notes (Cusip: 40055QWD0) will price on Sept. 25 and settle on Sept. 28.
© 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.