GS Finance to price leveraged buffered notes on iShares MSCI EM ETF

By Devika Patel

Knoxville, Tenn., Jan. 11 – GS Finance Corp. plans to price 0% leveraged buffered notes due Jan. 21, 2022 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filed 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 150% of the return, subject to a maximum settlement of $1,460 per $1,000 of notes.

If the fund falls by up to 20%, the payout at maturity will be par. Otherwise, investors will lose 1.25% for every 1% decline beyond the 20% buffer.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40056ETF5) will price on Feb. 4 and settle Feb. 7.

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