E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 7/27/2018 in the Prospect News Structured Products Daily.

Goldman plans 4.6% coupon buffered callables tied to Russell 2000

By Susanna Moon

Chicago, July 27 – GS Finance Corp. plans to price 4.6% fixed coupon callable buffered notes due Aug. 31, 2023 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes are callable at par on any coupon payment date on any interest payment date after one year.

The payout at maturity will be par unless the index falls by more than 15%, in which case exposure to losses beyond buffer.

The guarantor is Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

The notes will price on Aug. 28.

The Cusip number is 40055QP48.


© 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.