Goldman Sachs to price index-linked trigger notes on Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., Jan. 6 – Goldman Sachs Group, Inc. plans to price 0% index-linked trigger notes due Jan. 27, 2016 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index closes at or above the trigger level, 80% of the initial level, on every day during the life of the notes and the final index level is equal to or greater than the 80% trigger level, the payout at maturity will be par plus 10.8%.

If the index closes below the 80% trigger level during the life of the notes or the final index level is less than 80% of the initial level, the payout will be par plus the index return, subject to a maximum settlement amount of $1,108 per $1,000 or notes.

The final index level will be the average of the closing index levels on the five trading days ending Jan. 22, 2016.

The notes (Cusip: 38147QRG3) are expected to price Jan. 9 and settle Jan. 14.

Goldman Sachs & Co. is the underwriter. J.P. Morgan Securities LLC is the placement agent.

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