E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 4/26/2013 in the Prospect News Structured Products Daily.

Goldman Sachs plans digital notes with 90% trigger linked to MSCI EAFE

By Susanna Moon

Chicago, April 26 - Goldman Sachs Group, Inc. plans to price 0% digital notes tied 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 pricing.

If the index finishes at or above the 90% trigger level, the payout at maturity will be the maximum settlement amount of $1,127.50 to $1,150.00 for each $1,000 principal amount.

Otherwise, investors will lose 1.1111% for every 1% decline beyond 10%.

The exact deal terms will be set at pricing.

Goldman Sachs & Co. is the underwriter.

The Cusip number is 38147M121.


© 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.