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 9/25/2015 in the Prospect News Structured Products Daily.

Goldman Sachs plans leveraged buffered notes linked to EAFE ETF, S&P

By Angela McDaniels

Tacoma, Wash., Sept. 25 – Goldman Sachs Group, Inc. plans to price 84-month 0% leveraged buffered notes linked to a basket composed of the S&P 500 index with an 80% weight and the iShares MSCI EAFE exchange-traded fund with a 20% weight, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par plus 1.31 times the basket return. Investors will receive par if the basket declines by 20% or less and will lose 1% for every 1% that it declines beyond 20%.

Goldman Sachs & Co. is the underwriter.

The Cusip number is 38148TFB0.


© 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.