Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for S&P 500 index > News item |
Goldman plans 60-month leveraged buffered notes with no cap on S&P 500
By Susanna Moon
Chicago, Aug. 8 - Goldman Sachs Group, Inc. plans to price 60-month 0% leveraged buffered index-linked notes tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.48 to 1.58 times any index gain.
Investors will receive par if the index falls by up to 25% and will lose 1.3333% for every 1% decline beyond 25%.
The exact deal terms will be set at pricing.
Goldman Sachs & Co. is the underwriter.
The Cusip number is 38143UXS5.
© 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.