GS Finance plans trigger jump securities due 2021 linked to EAFE ETF

By Sarah Lizee

Olympia, Wash., Nov. 15 – GS Finance Corp. plans to price 0% trigger jump securities due Dec. 3, 2021 linked to the iShares MSCI EAFE exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the fund return is positive, the payout at maturity will be par plus a fixed return of 29.6%.

The payout will be par if the fund declines by 20% or less. If the fund declines by more than 20%, investors will lose 1% for each 1% decline from the initial level.

Goldman Sachs & Co. is the agent with Morgan Stanley Wealth Management handling distribution.

The notes are expected to price on Nov. 30 and settle on Dec. 5.

The Cusip number is 36256M601.

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