Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers R > Headlines for Russell 2000 index > News item |
Goldman Sachs plans 14-month fixed-coupon notes on Russell, MSCI EAFE
By Toni Weeks
San Luis Obispo, Calif., Jan. 17 - Goldman Sachs Group, Inc. plans to price 14-month fixed-coupon index-linked notes tied to the lesser performing of the Russell 2000 index and the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will pay a fixed coupon of $4.17 per $1,000 principal amount on each monthly coupon payment date.
The payout at maturity will be par if the index return for each index is at least negative 15%. If either index finishes below the 85% trigger level, investors will lose 1.1765% per 1% decline in the worst-performing index beyond the 15% buffer level.
Goldman Sachs & Co. will be the agent.
The Cusip is 38147QET9.
© 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.