GS Finance plans PLUS notes linked to iShares MSCI EM, Euro Stoxx 50

New York, July 19 – GS Finance Corp. plans to price 0% Performance Leveraged Upside Securities due Aug. 2, 2022 linked to a basket made up of the iShares MSCI Emerging Markets exchange-traded fund and the Euro Stoxx 50 index, according to an FWP filed with the Securities and Exchange Commission.

The ETF has a 70% weight in the basket while the Stoxx index is weighted at 30%.

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

If the basket finishes at or above its initial level, the payout at maturity will be par plus 175% of the gain.

If the basket falls, investors will lose 1% for each 1% decline.

Goldman Sachs & Co. is the agent and Morgan Stanley Wealth Management will handle distribution.

The notes will price on July 28 and settle three business days later.

The Cusip number is 36253M448.

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