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 eyes leveraged index-linked notes on Nasdaq-100 Technology
By Sarah Lizee
Olympia, Wash., Jan. 13 – GS Finance Corp. plans to price 0% leveraged index-linked notes due Jan. 31, 2025 tied to the Nasdaq-100 Technology Sector index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus 1.1 times any index gain, capped at $1,700 per $1,000 of notes.
If the index return is zero or negative by up to 25%, the payout will be par.
Otherwise, investors will be fully exposed to the decline of the index.
Goldman Sachs & Co. LLC is the agent.
The notes will price on Jan. 24.
The Cusip number is 40056Y6S8.
© 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.