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Goldman plans leveraged basket-linked notes tied to five indexes
By Jennifer Chiou
New York, Jan. 29 – Goldman Sachs Group, Inc. plans to price 0% leveraged notes linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are expected to mature between 19 and 22 months after pricing.
The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.
The payout at maturity will be par plus three times any basket gain, subject to the maximum settlement amount expected to be between $1,234 and $1,273 for each $1,000 face amount.
Investors will share in any losses.
The exact deal terms will be set at pricing.
Goldman Sachs & Co. is the underwriter.
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