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Goldman Sachs plans leveraged buffered notes linked to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., May 29 – Goldman Sachs Group, Inc. plans to price five-year 0% leveraged buffered notes linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 1.4 to 1.45 times the index return. The exact participation rate will be set at pricing. Investors will receive par if the index declines by 20% or less and will lose 1.25% for every 1% that it declines beyond 20%.
Goldman Sachs & Co. is the underwriter.
The Cusip number is 38148T4H9.
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