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GS Finance plans to price 18-month trigger notes linked to Euro Stoxx
By Marisa Wong
Morgantown, W.Va., June 28 – GS Finance Corp. plans to price 0% trigger notes due Jan. 2, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Goldman Sachs Group, Inc.
If the final index level is greater than or equal to 74.25% of the initial index level, the payout at maturity will be par plus the greater of zero and the index return.
If the final index level is less than 74.25% of the initial index level, investors will lose 1% for every 1% that the final index level is less than the initial index level.
Goldman, Sachs & Co. is the underwriter. JPMorgan is placement agent.
The notes are expected to price on June 30.
The Cusip number is 40054LGV0.
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