GS Finance plans leveraged buffered notes on iShares MSCI EAFE ETF

By Sarah Lizee

Olympia, Wash., Feb. 15 – GS Finance Corp. plans to price 0% leveraged buffered notes due Sept. 30, 2020 linked to the iShares MSCI EAFE 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 200% of the return, subject to a maximum settlement of $1,198 per $1,000 of notes.

If the fund falls by up to 10%, the payout at maturity will be par. Otherwise, investors will lose 1% for every 1% decline beyond the 10% buffer.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40056EXM5) will price on Feb. 28.

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