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 6/7/2019 in the Prospect News Structured Products Daily.

GS Finance plans leveraged buffered notes linked to MSCI EM

By Sarah Lizee

Olympia, Wash., June 7 – GS Finance Corp. plans to price 0% leveraged buffered notes due July 1, 2021 linked to the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 2 times the index return.

Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.

Goldman Sachs & Co. LLC is the underwriter.

The notes will price on June 28.

The Cusip number is 40056FNH4.


© 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.