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GS Finance plans PLUS due September 2019 tied to Russell 2000 index
New York, April 27 – GS Finance Corp. plans to price 0% Performance Leveraged Upside Securities due Sept. 5, 2019 linked to the Russell 2000 index, according to an FWP filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return capped at par plus 15.3%.
Investors will lose 1% for each 1% decline in the index.
Goldman Sachs & Co. is the agent, with Morgan Stanley Wealth Management handling distribution.
The notes are expected to price on May 16.
The Cusip is 36254G515.
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