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GS Finance plans leveraged buffered notes due 2019 tied to MSCI EAFE
By Sarah Lizee
Olympia, Wash., June 11 – GS Finance Corp. plans to price 0% leveraged buffered notes due Nov. 7, 2019 linked to the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus double any fund gain, subject to a maximum settlement amount of $1,112 for each $1,000 principal amount of notes.
Investors will receive par if the fund falls by up to 15% and will lose 1% for each 1% decline beyond 15%.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the underwriter.
The notes will price on July 2 and settle on July 6.
The Cusip number is 40055QFF4.
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