GS Finance plans leveraged buffered notes due 2020 tied to EAFE ETF

By Sarah Lizee

Olympia, Wash., Aug. 17 – GS Finance Corp. plans to price 0% leveraged buffered notes due Jan. 15, 2020 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any fund gain, up to a maximum settlement amount of $1,120 per $1,000 of notes.

Investors will receive par if the fund falls by up to 15% and will lose 1% for each 1% decline beyond 15%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the underwriter.

The notes will price on Sept. 10 and settle on Sept. 13.

The Cusip number is 40055QU91.

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