GS Finance plans to price buffered basket-linked notes on indexes

By Sarah Lizee

Olympia, Wash., Aug. 15 – GS Finance Corp. plans to price 0% buffered notes due Aug. 21, 2024 linked to a basket of indexes including the MSCI EAFE index with a 50% weight and the MSCI Emerging Markets index with a 50% weight, 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 plus any basket gain.

Investors will receive par if the basket falls by 30.65% or less and will lose 1% for every 1% decline beyond 30.65%.

Goldman Sachs & Co. is the underwriter.

The notes (Cusip: 40056X3V6) are expected to price on Aug. 16.

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