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GS Finance plans 15-month trigger notes linked to Euro Stoxx 50
By Marisa Wong
Morgantown, W.Va., April 20 – GS Finance Corp. plans to price 0% trigger notes due July 25, 2018 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Goldman Sachs Group, Inc.
If the index finishes at or above 85% of its initial level, the payout at maturity will be par plus 11.51%. Otherwise, investors will be fully exposed to the index decline.
Goldman Sachs & Co. is the underwriter with JPMorgan as placement agent.
The notes will price on April 21.
The Cusip number is 40054L7E8.
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