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Goldman Sachs plans two-year trigger jump notes tied to Stoxx 50
By Susanna Moon
Chicago, Jan. 19 – GS Finance Corp. plans to price 0% trigger jump securities due Feb. 5, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.
If the index finishes at or above its initial level, the payout at maturity will be the greater of par plus 28% and the index return.
If the index falls by up to 10%, the payout will be par.
If the index finishes below its 90% downside threshold, investors will be fully exposed to any losses.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the agent with Morgan Stanley Wealth Management as dealer.
The notes will price on Jan. 31.
The Cusip number is 36254F715.
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