Goldman plans leveraged buffered notes with no cap tied to Stoxx 50

By Susanna Moon

Chicago, Feb. 12 – GS Finance Corp. plans to price 0% leveraged buffered notes due March 3, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 2 times to 2.15 times any index gain, with the exact participation rate to be set at pricing.

Investor will receive par if the index falls by up to 25% and will lose 1% for each 1% decline beyond 25%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

The notes will price on Feb. 28.

The Cusip number is 40055AHZ3.

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