Goldman Sachs plans trigger performance securities tied to Euro Stoxx

By Toni Weeks

San Luis Obispo, Calif., March 4 - Goldman Sachs Group, Inc. plans to price 0% trigger performance securities due March 28, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 194% to 214% of the index return, with the exact participation rate to be set at pricing.

Investors will receive par if the index falls by 50% or less and will be fully exposed to losses from the initial level if it falls by more than 50%.

The notes (Cusip: 38148A431) will price March 27 and settle March 31.

Goldman Sachs & Co. is the agent.

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