GS Finance to price capped gears due 2020 linked to iShares MSCI EM

By Sarah Lizee

Olympia, Wash., Nov. 28 – GS Finance Corp. plans to price 0% capped gears due Feb. 3, 2020 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The payout at maturity will be par of $10 plus triple any fund gain, up to a maximum settlement amount of $12.30 to $12.48 per $10 of notes.

Investors will lose 1% for each 1% decline.

Goldman Sachs & Co. is the underwriter with UBS Financial Services Inc. as selling agent.

The notes will price on Nov. 29.

The Cusip number is 36256M676.

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