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 3/12/2019 in the Prospect News Structured Products Daily.

GS Finance to price index-linked notes linked to MSCI EM, MSCI Asia

By Sarah Lizee

Olympia, Wash., March 12 – GS Finance Corp. plans to price 0% index-linked notes due in 36 months tied to the MSCI Emerging Markets index and the MSCI AC ASIA index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the final index level of each index is greater than or equal to its initial level, the payout at maturity will be par plus 1.9 times the return of the lesser performing index.

If either index falls by up to 15%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline of the lesser performing index beyond 15%.

Goldman Sachs & Co. is the agent.

The Cusip is 40056EYK8.


© 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.