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 to price leveraged buffered notes linked to Russell 2000
By Angela McDaniels
Tacoma, Wash., Oct. 23 – Goldman Sachs Group, Inc. plans to price 13-month 0% leveraged buffered notes linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 1.5 times the index return, subject to a maximum settlement amount of $1,133.50 per $1,000 principal amount of notes. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.
Goldman Sachs & Co. is the underwriter.
The Cusip number is 38148TC98.
© 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.