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GS Finance plans 36-month leveraged notes tied to basket of indexes
By Sarah Lizee
Olympia, Wash., Nov. 14 – GS Finance Corp. plans to price 0% leveraged notes due in 36 months linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Goldman Sachs Group, Inc.
The basket includes the Euro Stoxx 50 index with a 36% initial weight, the Topix index with a 27% initial weight, the FTSE 100 index with a 20% initial weight, the Swiss Market index with a 9% initial weight and the S&P/ASX 200 index with an 8% initial weight.
If the basket return is positive, the payout at maturity will be par plus 1.705 times the basket return.
Investors will receive par if the basket finishes flat or declines.
Goldman Sachs & Co. is the agent.
The Cusip number is 40056EGW2.
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