Goldman plans five-year notes with 60% trigger tied to Euro Stoxx 50

By Susanna Moon

Chicago, April 13 – GS Finance Corp. plans to price 0% index-linked notes due May 1, 2023 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be par plus the greater of the gain and the threshold settlement amount of $1,680 to $1,730 principal amount.

If the index falls by up to its 60% knock-out level, the payout at maturity will be par.

Otherwise, investors will be fully exposed to any losses.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the underwriter.

The notes will price on April 26 and settle on April 30.

The Cusip is 40055AXF9.

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