GS Finance plans 15-month trigger notes linked to Stoxx Europe 600

By Marisa Wong

Morgantown, W.Va., Feb. 23 – GS Finance Corp. plans to price 0% trigger notes due May 31, 2018 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by the Goldman Sachs Group, Inc.

If the index finishes at or above the 85% trigger level, the payout at maturity will be par plus 9.65%.

Otherwise, investors will lose 1% for each 1% decline.

Goldman Sachs & Co. is the underwriter with JPMorgan as placement agent.

The notes will price on Feb. 24.

The Cusip number is 40054KXF8.

© 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.