GS Finance plans to price capped buffer gears linked to index basket

By Angela McDaniels

Tacoma, Wash., Dec. 23 – GS Finance Corp. plans to price 0% capped buffer gears due Dec. 31, 2021 linked to a basket consisting of the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei 225 index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is greater than zero, the payout at maturity will be par of $10 plus two times the basket return, subject to a maximum return that is expected to be 30.5% to 32.5% and will be set at pricing. Investors will receive par if the basket declines by 10% or less and lose 1% for every 1% that the basket may decline beyond 10%.

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

Goldman Sachs & Co. LLC is the underwriter. UBS Financial Services Inc. is acting as selling agent.

The notes will price Dec. 27.

The Cusip number is 36259E614.

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