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GS Finance plans leveraged basket-linked notes tied to six indexes
New York, Feb. 25 – GS Finance Corp. 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 guaranteed by Goldman Sachs Group, Inc.
The notes are expected to mature 36 months after pricing.
The basket consists of the Euro Stoxx 50 index with a 37% weight, the Topix index with a 25% weight, the FTSE 100 index with a 17% weight, the Swiss Market index with a 9% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng China Enterprises index with a 4.5% weight.
The payout at maturity will be par plus between 120% and 130% of any basket gain.
Investors will receive par if the basket return is flat or negative.
The exact deal terms will be set at pricing.
Goldman Sachs & Co. is the underwriter.
The Cusip number is 40056EWQ7.
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