GS Finance plans to price 15-month PLUS on iShares MSCI Japan ETF

By Wendy Van Sickle

Columbus, Ohio, Jan. 19 – GS Finance Corp. plans to price 0% Performance Leveraged Upside Securities due May 3, 2017 linked to the iShares MSCI Japan exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

If the ETF return is positive, the payout at maturity will be par of $10 plus triple the ETF return, subject to a maximum return of 14%. Investors will be fully exposed to the loss if the ETF declines.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman, Sachs & Co. is the underwriter. Morgan Stanley Wealth Management is a dealer.

The notes will price on Jan. 29 and settle three business days later.

The Cusip number is 36250E266.

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