GS Finance to price leveraged buffered notes on index, ETF basket

By Marisa Wong

Morgantown, W.Va., Jan. 30 – GS Finance Corp. plans to price 0% leveraged buffered notes due Feb. 4, 2021 linked to a basket of the S&P 500 index with a 40% weight, the iShares MSCI EAFE exchange-traded fund with a 25% weight, the Russell 2000 index with a 20% and the iShares MSCI Emerging Markets ETF with a 15% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the basket return is positive, the payout at maturity will be par plus the basket gain, capped at 22.85%. Investors will receive par if the basket falls by up to 20% and will lose 1% for every 1% decline beyond 20%.

Goldman Sachs & Co. is the underwriter.

The notes will price on Jan. 31.

The Cusip number is 40055AH34.

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