| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers R > Headlines for Russell 2000 index > News item |
GS Finance to price leveraged buffered notes linked to Russell 2000
By Wendy Van Sickle
Columbus, Ohio, May 2 – GS Finance Corp. plans to price leveraged buffered notes due May 31, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus double any index gain up to the maximum settlement amount expected to be between $1,230.00 and $1,260.00 per $1,000 note.
Investors will receive par if the index falls by up to 10% and will lose 1% for every 1% decline beyond 10%.
Goldman Sachs & Co. is the agent.
The notes will price on May 25 and settle on May 31.
The Cusip number is 40054KBG0.
© 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.