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Published on 11/6/2019 in the Prospect News Structured Products Daily.

GS Finance plans to price index-linked notes tied to Euro Stoxx 50

By Sarah Lizee

Olympia, Wash., Nov. 6 – GS Finance Corp. plans to price 0% index-linked notes due Nov. 10, 2022 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 at least 100% of the index return.

If the return is zero or negative by up to 30%, the payout will be par.

Otherwise, the payout will be 90% of par.

Goldman Sachs & Co. is the underwriter.

The notes will price Nov. 7.

The Cusip number is 40056XNT9.


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