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 2/4/2011 in the Prospect News Structured Products Daily.

Goldman plans six-year callable index-linked notes tied to S&P 500

By Jennifer Chiou

New York, Feb. 4 - Goldman Sachs Group, Inc. plans to price 0% callable index-linked notes due 2017 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity be par plus any index gain. Investors will receive at least par.

The notes will be callable at par plus a redemption amount of 10% in February 2012, par plus 20% in February 2013, par plus 30% in February 2014, par plus 40% in February 2015 and par plus 50% in February 2016.

Goldman, Sachs & Co. is the agent for the notes (Cusip: 38143URJ2).


© 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.