GS Finance to price three-year notes linked to Euro Stoxx 50, S&P 500

By Angela McDaniels

Tacoma, Wash., Jan. 8 – GS Finance Corp. plans to price 0% notes due Feb. 2, 2022 linked to the Euro Stoxx 50 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the final level of each index is greater than or equal to its initial level, the payout at maturity will be the greater of the threshold settlement amount and the sum of par plus the return of the lesser-performing index. The threshold settlement amount is expected to be $1,480 to $1,560 per $1,000 principal amount of notes and will be set at pricing.

If the final level of either index is less than its initial level but the final level of each index is greater than or equal to its trigger buffer level, the payout will be par. The trigger buffer levels will be 70% of the initial index levels.

If the final level of either index is less than its trigger buffer level, investors will lose 1% for every 1% that the lesser-performing index declines from its initial level.

Goldman Sachs & Co. LLC is the agent.

The notes will price Jan. 28.

The Cusip number is 40056ET40.

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