Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers W > Headlines for WTI crude oil contract > News item |
Goldman eyes 12-month basket-linked notes on five commodity contracts
By Susanna Moon
Chicago, Dec. 30 - Goldman Sachs Group, Inc. plans to price 12-month commodity basket-linked notes tied to a basket of five commodities futures contracts, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the WTI crude oil contract with a 40% weight, the copper contract with a 20% weight, the platinum contract with a 20% weight, the soybean contract with a 10% weight and the cotton contract with a 10% weight.
The notes will price at between 100 and 102.
The payout at maturity will be par plus any basket gain.
Investors will be exposed to any losses.
Goldman Sachs & Co. is the underwriter.
© 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.