GS Finance to sell leveraged buffered notes linked to MSCI EAFE index

By Devika Patel

Knoxville, Tenn., Aug. 31 – GS Finance Corp. plans to price 0% leveraged buffered notes due Sept. 28, 2023 linked to the MSCI EAFE index, according to a 424B2 filed 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 plus 1.15 to 1.25 times the return, with the exact participation rate to be set at pricing.

If the index falls by up to 30%, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% decline beyond the 30% buffer.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40055QWT5) will price on Sept. 25 and settle Sept. 28.

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