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GS Finance plans trigger gears due 2028 tied to Euro Stoxx 50
By Wendy Van Sickle
Columbus, Ohio, Dec. 17 – GS Finance Corp. plans to price 0% trigger gears due Dec. 29, 2028 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 positive, the payout at maturity will be par of $10 plus 4.05 to 4.2 times the index gain.
Investors will receive par if the index declines by up to the downside threshold, 65% of the initial level.
If the index falls beyond the downside threshold, investors will be exposed to the decline.
Goldman Sachs & Co. is the agent with UBS Financial Services Inc. as selling agent.
The notes will price on Dec. 27 and settle on Dec. 31.
The Cusip number is 36256M726.
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