Goldman Sachs plans notes due 2020 linked to Euro Stoxx 50 index

By Jennifer Chiou

New York, Dec. 2 – Goldman Sachs Group, Inc. plans to price 0% notes due Dec. 29, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be the greater of par plus the return or the threshold settlement amount, which is expected to be between $1,550 and $1,650 per $1,000 principal amount.

Investors will receive par for losses up to 40% and will have full exposure to losses if the index falls by more than 40%.

The notes (Cusip: 38147QP83) will price on Dec. 19 and settle on Dec. 29.

Goldman Sachs & Co. is the underwriter.

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