GS Finance plans leveraged buffered notes tied to Euro Stoxx 50 index

By Devika Patel

Knoxville, Tenn., Dec. 31 – GS Finance Corp. intends to price 0% leveraged buffered notes due Feb. 1, 2024 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by the Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 250% to 270% of the index return, with the exact participation rate to be set at pricing.

Investors will receive par if the index declines by 25% or less and will lose 1% for every 1% that the index declines beyond the 25% buffer.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40056EPK8) are expected to price Jan. 28 and settle Jan. 31.

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