Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers B > Headlines for Bloomberg Commodity Index 3 Month Forward > News item |
Goldman plans trigger performance notes linked to Bloomberg Commodity
By Susanna Moon
Chicago, Dec. 8 – Goldman Sachs Group, Inc. plans to price 0% trigger performance securities due Jan. 6, 2026 linked to the Bloomberg Commodity Index 3 Month Forward, according to an FWP filing with the Securities and Exchange Commission.
The payout at maturity will be par of $10 plus 1.9 to 2 times any index gain, with the exact participation rate to be set at pricing.
Investors will receive par if the index falls by up to 30% and will be fully exposed to any losses if the index finishes below the 70% trigger level.
Goldman, Sachs & Co. is the agent.
The notes will price on Dec. 29 and settle on Dec. 31.
The Cusip number is 38148X696.
© 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.