GS Finance plans to price trigger notes linked to Stoxx Europe 600

By Angela McDaniels

Tacoma, Wash., Aug. 9 – GS Finance Corp. plans to price 0% trigger notes due Sept. 20, 2017 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the final index level is greater than or equal to 85% of the initial index level, the payout at maturity will be par plus 7.95%. Otherwise, investors will lose 1% for every 1% that the final index level is less than the initial index level.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as placement agent.

The notes will price Aug. 12.

The Cusip number is 40054KHJ8.

© 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.