Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers I > Headlines for iShares MSCI EAFE exchange-traded fund > News item |
Goldman plans 24-month leveraged buffered notes on iShares MSCI EAFE
By Susanna Moon
Chicago, Aug. 3 – GS Finance Corp. plans to price 0% leveraged buffered notes due in 24 months linked to the iShares MSCI EAFE exchange-traded fund, 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 double any fund gain, up to a maximum settlement amount of $1,250 to $1,290 for each $1,000 principal amount.
Investors will receive par if the fund falls by up to 10% and will lose 1% for each 1% decline beyond 10%.
Goldman Sachs & Co. is the underwriter.
The Cusip number is 40054KH90.
© 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.