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Published on 7/12/2021 in the Prospect News Structured Products Daily.

GS Finance to price trigger jump securities on Euro Stoxx 50

By Emma Trincal

New York, July 12 – GS Finance Corp. plans to price 0% trigger jump securities due July 19 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is zero or positive, the payout at maturity will be par plus the greater of the return of the index and the upside payment of at least 30.2%. The exact upside payment will be set at pricing.

The payout will be par if the index declines by 10% or less. If the index declines by more than 10%, investors will lose 1% for each 1% decline from the initial level.

Goldman Sachs & Co. LLC is the agent. Morgan Stanley Wealth Management is the dealer.

The notes will price on July 16 and settle on July 21.

The Cusip number is 36261B244.


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