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GS Finance plans to price index-linked notes tied to Euro Stoxx 50
New York, Dec. 5 – GS Finance Corp. plans to price 0% index-linked notes due 37 months after issuance tied 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 positive, the payout at maturity will be par plus three times the index return capped at $1,772.50 per $1,000 principal amount.
If the index declines by up to 20%, the payout will be par plus 0.5 times the absolute index return.
Investors will be fully exposed to losses from the index’s initial level if it declines by more than 20%.
Goldman Sachs & Co. is the underwriter.
The Cusip number is 40054KRL2.
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