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 3/13/2019 in the Prospect News Structured Products Daily.

Goldman eyes 2% notes due 2026 tied to Motif Capital National Defense

By Sarah Lizee

Olympia, Wash., March 13 – GS Finance Corp. plans to price 2% notes due March 30, 2026 linked to the Motif Capital National Defense 7 ER index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

If the index finishes at or above the 114% threshold level, the payout at maturity will be par plus the index return minus 14%.

Otherwise, the payout will be par.

The notes will be guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the underwriter.

The notes will price on March 25.

The Cusip number is 40056F3T0.


© 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.