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 |
GS Finance plans digital notes tied to iShares MSCI Emerging Markets
By Sarah Lizee
Olympia, Wash., June 18 – GS Finance Corp. plans to price 0% digital notes due in 24 to 27 months linked to the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the fund return is positive, the payout at maturity will be the greater of the maximum settlement amount of $1,168.40 to $1,198.10 per $1,000 principal amount and par plus the fund return.
Otherwise, investors will lose 1% for every 1% decline in the fund from its initial level.
Goldman Sachs & Co. is the underwriter.
The Cusip number is 40055QG48.
© 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.