GS Finance plans to price notes due 2021 on iShares EAFE, EM funds

By Tali Rackner

Minneapolis, Aug. 4 – GS Finance Corp. plans to price notes due Feb. 11, 2021 linked to the iShares MSCI EAFE exchange-traded fund and the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

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

If each fund finishes at or above its initial level, the payment at maturity will be par plus 1.65 times any gain in the lesser-performing fund.

Investors will receive par plus the absolute value of the lesser-performing fund return if either fund falls by up to 30% and will lose 1% for each 1% decline of the lesser-performing fund from its initial level if it finishes below 70% of its initial level.

Goldman Sachs & Co. is the agent.

The notes will price on Aug. 8 and settle on Aug. 11.

The Cusip number is 40054LP65.

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