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Goldman plans notes due 2021 with 75% trigger tied to Euro Stoxx 50
By Susanna Moon
Chicago, Aug. 28 – GS Finance Corp. plans to price 0% trigger notes due March 3, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above its 75% trigger level, the payout at maturity will be par plus the greater of zero and 1.8 times the return.
Otherwise, the payout will be par plus the return with full exposure to any losses.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the agent.
The notes will price on Aug. 29 and settle on Sept. 1.
The Cusip number is 40054LQB3.
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