GS Finance plans leveraged index-linked notes due 2021 on Euro Stoxx

By Sarah Lizee

Olympia, Wash., May 29 – GS Finance Corp. plans to price 0% leveraged index-linked notes due June 4, 2021 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is zero or positive, the payout at maturity will be par plus 2 times the index return.

If the index falls by no more than 20% to 23%, the payout will be par plus the absolute value of the index return. Otherwise, investors will be fully exposed to any losses.

The notes (Cusip: 40055QBT8) are expected to price May 30 and settle June 4.

Goldman Sachs & Co. is the underwriter.

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