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Published on 3/27/2019 in the Prospect News Structured Products Daily.

GS Finance plans leveraged index-linked notes due 2022 on Stoxx 50

By Sarah Lizee

Olympia, Wash., March 27 – GS Finance Corp. plans to price 0% leveraged index-linked notes due April 28, 2022 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 1.1 to 1.2 times the index return.

If the return is negative, the payout will be the greater of 95% and par plus the return.

Goldman Sachs & Co. is the underwriter.

The notes will price on April 25.

The Cusip number is 40056F6B6.


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