Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers G > Headlines for GS Momentum Builder Multi-Asset 5 ER index > News item |
GS Finance to price notes due 2023 linked to GS Momentum Builder index
By Tali Rackner
Norfolk, Va., April 13 – GS Finance Corp. plans to price 1.25% to 1.5% notes due April 27, 2023 linked to the GS Momentum Builder Multi-Asset 5 ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If final index level is greater than between 108.75% and 110.5%, the payout at maturity will be par of $1,000 plus 125% of the index return. The exact level will be set at pricing.
If the final index level is equal to or less than between 108.75% and 110.5%, the payout at maturity will be par.
Goldman, Sachs & Co. is the agent.
The notes will price on April 26 and settle on April 29.
The Cusip number is 40054KAB2.
© 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.