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GS Finance to price six-year index-linked notes tied to Euro Stoxx 50
By Marisa Wong
Morgantown, W.Va., Nov. 27 – GS Finance Corp. plans to price 0% index-linked notes due Dec. 1, 2023 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 the greater of the threshold settlement amount, $1,650 to $1,750 per $1,000 principal amount, and par plus the index return.
If the index return is negative but not less than negative 40%, the payout will be par.
Otherwise, investors will be fully exposed to the index decline.
Goldman, Sachs & Co. is the agent.
The notes will price on Dec. 1.
The Cusip number is 40055A3A3.
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