Goldman plans buffered digital notes due 2018 linked to Russell 2000

By Toni Weeks

San Luis Obispo, Calif., June 1 – Goldman Sachs Group, Inc. plans to price 0% buffered digital notes due June 29, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above 85% of the initial level, the payout at maturity will be the maximum settlement amount of $1,150 per $1,000 principal amount of notes.

Investors will be exposed to any losses beyond the 15% buffer.

Goldman Sachs & Co. is the underwriter.

The notes will price June 26 and settle June 30.

The Cusip number is 38148T4J5.

© 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.