GS Finance plans leveraged trigger notes due 2020 on Euro Stoxx 50

By Sarah Lizee

Olympia, Wash., Aug. 14 – GS Finance Corp. plans to price 0% leveraged trigger notes due Feb. 20, 2020 linked 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 final index level is greater than or equal to 70% of the initial index level, the payout at maturity will be the greater of par plus 1.245 times the index return and zero.

Otherwise, investors will lose 1% for each 1% decline of the index from its initial level.

Goldman Sachs & Co. and J.P. Morgan Securities LLC are the agents.

The notes (Cusip: 40055QTR3) will price on Aug. 17 and settle on Aug. 22.

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