Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers S > Headlines for S&P 500 Equal Weight Energy index > News item |
Goldman Sachs plans digital notes tied to S&P 500 Equal Weight Energy
By Susanna Moon
Chicago, Jan. 13 – Goldman Sachs Group, Inc. plans to price 0% digital notes linked to the S&P 500 Equal Weight Energy index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are expected to mature between 13 and 16 months after pricing.
If the index finishes at or above the 85% barrier level, the payout at maturity will be par plus the maximum settlement amount of $1,069 to $1,081 for each $1,000 principal amount.
Otherwise, investors will lose 1.1765% for each 1% decline beyond 15%.
Goldman, Sachs & Co. is the agent.
© 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.