GS Finance to price notes linked to S&P GSCI Crude Oil 3-Month Forward

By Devika Patel

Knoxville, Tenn., April 8 – GS Finance Corp. plans to price 0% five-year notes linked to the S&P GSCI Crude Oil 3-Month Forward Index Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is zero or positive, the payout at maturity will be par plus the greater of 30% and the index return.

If the index falls by up to the buffer, which is expected to be between 30% and 35%, the payout at maturity will be par.

If the index falls beyond the buffer, investors will be exposed to the index’s decline from its initial level.

Goldman Sachs & Co. is the agent.

The Cusip is 40054K6F8.

© 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.