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Goldman Sachs plans trigger notes with cap linked to Euro Stoxx 50
By Susanna Moon
Chicago, Jan. 26 – GS Finance Corp. plans to price 0% trigger notes due Feb. 22, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above the 80% trigger level, the payout at maturity will be par plus 2.13 times any index gain, up to a maximum settlement amount of $1,170.40 for each $1,000 principal amount.
If the index falls by up to the 80% knock-out level, the payout will be par.
Otherwise, investors will be fully exposed to any losses.
Goldman Sachs & Co. is the underwriter.
The notes are guaranteed by Goldman Sachs Group, Inc.
The notes will price on Jan. 29 and settle on Feb. 3.
The Cusip number is 40054CBS2.
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