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 12/4/2018 in the Prospect News Structured Products Daily.

Goldman plans digital notes due 2023 tied to Euro Stoxx 50

Chicago, Dec. 4 – GS Finance Corp. plans to price 0% digital notes due Dec. 19, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 80% threshold level, the payout at maturity will be par plus the threshold settlement amount of $1,415 to $1,425 for each $1,000 principal amount or the return of the index, whichever amount is greater.

Otherwise, investors will lose 1 % for each 1% decline beyond 20%.

The guarantor is Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

The notes will price Dec. 14.

The Cusip number is 40056ELQ9.


© 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.