GS Finance plans to price basket-linked trigger gears tied to indexes

By Sarah Lizee

Olympia, Wash., July 9 – GS Finance Corp. plans to price 0% trigger gears due July 31, 2029 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a weight of 40%, the FTSE 100 index with a weight of 20%, the Nikkei Stock Average index with a weight of 20%, the Swiss Market index with a weight of 7.5%, the S&P/ASX 200 index with a weight of 7.5% and the Hang Seng index with a weight of 5%.

The payout at maturity will be par of $10 plus 4.4 to 4.55 times any basket gain.

If the basket falls but not below the 65% downside threshold, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

The guarantor is Goldman Sachs Group, Inc.

UBS Financial Services Inc. and Goldman Sachs & Co. LLC are the agents.

The notes will price on July 29.

The Cusip number is 36257W244.

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