| 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 tied to Russell 2000
By Marisa Wong
Morgantown, W.Va., Oct. 5 – GS Finance Corp. plans to price 0% leveraged buffered index-linked notes due Oct. 15, 2019 tied 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.
If the index return is positive, the payout at maturity will be par plus 200% of the index gain, subject to a maximum return of 14.6%. Investors will receive par if the index falls by up to 10% and lose 1% for every 1% decline in the index beyond 10%.
Goldman, Sachs & Co. is the underwriter.
The notes will price Oct. 6.
The Cusip number is 40054LWT7.
© 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.