Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for euro > News item |
Goldman Sachs plans to price notes linked to dollar versus euro
By Angela McDaniels
Tacoma, Wash., Oct. 6 – Goldman Sachs Group, Inc. plans to price 0% notes linked to the performance of the dollar relative to the euro, according to a 424B2 filing with the Securities and Exchange Commission.
The tenor of the notes is expected to be 14 to 16 months.
The currency return will be positive if the dollar appreciates relative to the euro.
The payout at maturity will be par plus the currency return. The notes are not principal protected, so investors will receive less than par if that currency return is negative.
Goldman Sachs & Co. is the underwriter.
© 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.