GS Finance plans to price trigger PLUS linked to index basket

By Angela McDaniels

Tacoma, Wash., April 16 – GS Finance Corp. plans to price 0% trigger Performance Leveraged Upside Securities due April 29, 2022 linked to a basket that contains the S&P 500 index with a 60% weight, the Euro Stoxx 50 index with a 30% weight and the MSCI Emerging Markets index with a 10% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the basket finishes above its initial level, the payout at maturity will be par of $10 plus 175% of the basket return, subject to a maximum return of 40.05%.

If the basket finishes at or below its initial level but at or above its trigger level, the payout will be par. The trigger level is 75% of the initial basket level.

If the basket finishes below its trigger level, investors will be fully exposed to the basket’s decline from its initial level.

Goldman Sachs & Co. LLC is the underwriter. Morgan Stanley Wealth Management is acting as dealer.

The notes will price April 26.

The Cusip number is 36257D527.

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