Goldman Sachs plans trigger performance securities tied to S&P 500

By Marisa Wong

Madison, Wis., June 25 – Goldman Sachs Group, Inc. plans to price 0% trigger performance securities due June 28, 2024 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 1.55 times the index return.

Investors will receive par if the index falls by 50% or less and will be fully exposed to losses from the initial level if it falls by more than 50%.

Goldman Sachs & Co. is the agent.

The notes will price on June 26 and settle on June 30.

The Cusip number is 38148C429.

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