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Goldman Sachs plans notes with 77.5% trigger linked to Euro Stoxx 50
By Susanna Moon
Chicago, Jan. 7 - Goldman Sachs Group, Inc. plans to price 18- to 21-month 0% buffered notes linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, up to a maximum settlement amount of $1,180 to $1,210 per $1,000 principal amount.
Investors will receive par if the index falls by up to 12.5% and will lose 1.1429% for each 1% decline beyond 12.5%.
The exact deal terms, including maturity and cap, will be set at pricing.
Goldman Sachs & Co. is the underwriter.
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