GS Finance to price three-year trigger gears on iShares MSCI EAFE ETF

By Marisa Wong

Morgantown, W.Va., Aug. 25 – GS Finance Corp. plans to price 0% trigger gears due Aug. 31, 2020 tied to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the ETF return is positive, the payout at maturity will be par of $10 plus 1.47 to 1.57 times the gain. Investors will receive par if the ETF declines by 20% or less and will lose 1% for each 1% decline from the initial level if the ETF declines by more than 20%.

Goldman, Sachs & Co. is the underwriter.

The notes will price on Aug. 28.

The Cusip number is 36253M547.

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