GS Finance plans digital index-linked notes linked to Euro Stoxx

By Sarah Lizee

Olympia, Wash., Jan. 14 – GS Finance Corp. plans to price 0% digital index-linked notes due Jan. 31, 2022 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

If the index return is flat or positive, the payout at maturity will be the greater of $1,145 per $1,000 of notes and par plus the return.

If the index falls by up to 25%, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline from the initial level.

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

Goldman Sachs & Co. LLC is the underwriter.

The notes are expected to price on Jan. 24.

The Cusip number is 40056Y6U3.

© 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.