| 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 to price leveraged buffered notes linked to S&P 500 index
By Marisa Wong
Morgantown, W.Va., Nov. 21 – GS Finance Corp. plans to price 0% leveraged buffered notes due Dec. 3, 2021 linked to the S&P 500 index, according to a 424B2 filed 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 1.2 times the index gain. Investors will receive par if the index declines by up to the 35% buffer and will lose 1% for every 1% decline beyond the buffer.
Goldman Sachs & Co. is the agent.
The notes will price on Nov. 30 and settle on Dec. 5.
The Cusip number is 40054KPV2.
© 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.