Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers G > Headlines for Goldman Sachs Group, Inc. > News item |
Goldman Sachs to sell 0% buffered equity notes linked to MSCI EAFE
By Jennifer Chiou
New York, Sept. 1 - Goldman Sachs Group, Inc. plans to price 0% buffered equity index-linked notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will mature between 24 and 28 months after issue.
The payout at maturity will be par plus any index gain.
Investors will receive par if the index falls by up to 12.5% to 14.5% and will share in losses beyond the buffer amount at a rate of 1.1429% to 1.1696% for each 1% decline beyond the buffer amount. Both the buffer amount and the participation rate will be determined at pricing.
Goldman, Sachs & Co. will be the underwriter.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.