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GS Finance plans to price trigger gears linked to Euro Stoxx 50
By Wendy Van Sickle
Columbus, Ohio, Oct. 17 – GS Finance Corp. plans to price 0% trigger gears due Aug. 31, 2026 linked 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 greater than zero, the payout at maturity will be par of $10 plus 2 to 2.1 times the index return. The exact leverage amount will be set at pricing. Investors will receive par if the index declines by 32% or less and be exposed to the index’s decline from its initial level if it declines by more than 25%.
Goldman Sachs & Co. is the underwriter.
The notes will price Oct. 27.
The Cusip number is 36250Y825.
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