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 11/29/2018 in the Prospect News Structured Products Daily.

GS Finance plans to price index-linked notes due 2026 tied to S&P 500

Chicago, Nov. 29 – GS Finance Corp. plans to price 0% index-linked notes due Dec. 24, 2026 tied to the S&P 500 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 a participation rate of 102.5% to 112.5% of the return, to be determined at pricing.

If the return is flat or negative, the payout will be par.

Goldman Sachs & Co. is the agent.

The notes will price on Dec. 21 and settle on Dec. 27.

The Cusip number is 40056EJL3.


© 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.