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GS Finance plans leveraged index-linked notes due 2021 on Stoxx 50
By Sarah Lizee
Olympia, Wash., Sept. 5 – GS Finance Corp. plans to price 0% leveraged index-linked notes due Oct. 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 positive, the payout at maturity will be par plus 1.3 to 1.4 times the index return.
If the return is negative, the payout will be the greater of 95% and par plus the return.
Goldman Sachs & Co. is the underwriter.
The notes will price on Sept. 25 and settle on Sept. 28.
The Cusip number is 40055QVY5.
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