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GS Finance plans index-linked notes due 2024 tied to Euro Stoxx 50
By Sarah Lizee
Olympia, Wash., Sept. 5 – GS Finance Corp. plans to price 0% index-linked notes due Sept. 30, 2024 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 positive, the payout at maturity will be par plus 1.9 to 2 times the index return. The exact participation rate will be set at pricing.
If the index return is zero or negative, the payout will be par.
Goldman Sachs & Co. is the underwriter.
The notes will price on Sept. 25 and settle on Sept. 28.
The Cusip is 40055QWN8.
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