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 8/2/2011 in the Prospect News Structured Products Daily.

Goldman plans buffered commodity-linked notes on S&P GSCI Enhanced

By Jennifer Chiou

New York, Aug. 2 - Goldman Sachs Group, Inc. plans to price 0% buffered commodity index-linked notes due in 24 to 28 months tied to the S&P GSCI Enhanced Commodity Index Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par any index gain, capped at 27% to 31%.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

Goldman Sachs & Co. is the agent.


© 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.