| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers S > Headlines for Stoxx Europe 600 index > News item |
GS Finance plans to price trigger notes linked to Stoxx Europe 600
By Angela McDaniels
Tacoma, Wash., Dec. 13 – GS Finance Corp. plans to price 0% trigger notes due June 20, 2018 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 72% of the initial index level, the payout at maturity will be par plus the greater of the index return and zero. If the final index level is less than 72% of the initial index level, investors will have one-to-one exposure to the index’s decline from its initial level.
Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as the placement agent.
The notes are expected to price Dec. 16.
The Cusip number is 40054KS31.
© 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.