GS Finance to price buffered PLUS linked to Euro Stoxx, S&P, Topix

By Angela McDaniels

Tacoma, Wash., May 22 – GS Finance Corp. plans to price 0% buffered Performance Leveraged Upside Securities due May 30, 2023 linked to an equally weighted basket of indexes that contains the Euro Stoxx 50 index, the S&P 500 index and the Topix index, according to an FWP filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the final basket level is greater than the initial basket level, the payout at maturity will be par of $10 plus 200% of the basket return, subject to a maximum return of 90.5%.

If the final basket level is less than or equal to the initial basket level but has decreased from the initial basket level by no more than 25%, the payout will be par.

Otherwise, investors will lose 1% for every 1% that the basket declines beyond 25%.

Goldman Sachs & Co. LLC is the agent. Morgan Stanley Wealth Management is acting as dealer.

The notes will price May 24.

The Cusip number is 36251V762.

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