| Add to balance / Manage account | User: | Log out |
| Prospect News home > News index > List of issuers S > Headlines for S&P 500 index > News item |
GS Finance plans to price two-year jump securities linked to S&P 500
By Tali Rackner
Norfolk, Va., Jan. 20 – GS Finance Corp. plans to price 0% jump securities due Feb. 1, 2018 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.
If the index finishes at or above the initial level, the payout at maturity will be par of $10 plus the upside payment of $2.20 per note.
If the index finishes below the initial level, investors will be fully exposed to the decline.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman, Sachs & Co. is the underwriter. Morgan Stanley Wealth Management is a dealer.
The notes are expected to price Jan. 29.
The Cusip number is 36250E258.
© 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.