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 10/12/2018 in the Prospect News Structured Products Daily.

GS Finance to price leveraged buffered notes due 2021 on EAFE index

By Sarah Lizee

Olympia, Wash., Oct. 12 – GS Finance Corp. plans to price 0% leveraged buffered notes due Oct. 22, 2021 linked to the MSCI EAFE index, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 1.05 times the index gain, capped at $1,400 per $1,000 of notes.

If the index falls by up to 40%, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% decline beyond the 40% buffer.

Goldman Sachs & Co. is the agent.

The notes will price on Oct. 19 and settle on Oct. 24.

The Cusip number is 40056EB49.


© 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.