Goldman Sachs to price trigger performance securities linked to DAX

By Toni Weeks

San Luis Obispo, Calif., May 5 – Goldman Sachs Group, Inc. plans to price 0% trigger performance securities due May 29, 2020 linked to the DAX (EUR Price index), according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 135% to 145% of any index gain, with the exact participation rate to be set at pricing.

Investors will receive par if the index falls by up to 25% and will be fully exposed to any losses if the index finishes below the 75% trigger level.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 38148W284) will price May 27 and settle May 29.

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