GS Finance plans trigger jump securities due 2020 linked to MSCI EM

By Sarah Lizee

Olympia, Wash., July 17 – GS Finance Corp. plans to price 0% trigger jump securities due Feb. 5, 2020 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the fund return is positive, the payout at maturity will be par plus a fixed return of 18.45%.

The payout will be par if the fund declines by 10% or less. If the fund declines by more than 10%, investors will lose 1% for each 1% decline from the initial level.

Goldman Sachs & Co. is the agent with Morgan Stanley Wealth Management handling distribution.

The notes are expected to price on July 31 and settle on Aug. 3.

The Cusip number is 36255U422.

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