| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers S > Headlines for S&P MidCap 400 index > News item |
Goldman plans two-year leveraged buffered notes tied to indexes, fund
By Susanna Moon
Chicago, July 20 – GS Finance Corp. plans to price 0% leveraged buffered index-linked notes due July 29, 2019 linked to a basket of indexes and an exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Russell 2000 index with a 40% weight, the Euro Stoxx 50 index with a 25% weight, the S&P 500 index with a 15% weight, the S&P MidCap 400 index with a 10% weight and the iShares MSCI Emerging Markets ETF with a 10% weight.
The payout at maturity will be par plus 1.2 any index gain.
Investors will receive par if the index falls by up to 10% and will be exposed to any losses beyond the buffer.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the agent.
The notes will price on July 24.
The Cusip number is 40054LLB8.
© 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.