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Goldman plans digital notes linked to dollar value of Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., Oct. 2 - Goldman Sachs Group, Inc. plans to price 18- to 21-month 0% digital notes linked to the dollar value of the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is greater than or equal to negative 10%, the payout at maturity will be the maximum settlement amount, which is expected to be $1,105.00 to $1,122.50 per $1,000 principal amount and will be set at pricing. Otherwise, investors will lose 1.1111% for each 1% that the index declines beyond 10%.
Goldman Sachs & Co. is the underwriter.
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