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Goldman Sachs plans leveraged notes linked to Russell 2000 index
By Jennifer Chiou
New York, June 28 - Goldman Sachs Group, Inc. plans to price 0% leveraged notes linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will mature between 24 and 27 months after pricing.
The payout at maturity will be par plus two times any gain in the index, up to a maximum settlement amount of $1,320 to $1,370 for each $1,000 principal amount.
Investors will share in any losses.
Goldman Sachs & Co. is the underwriter.
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