Goldman Sachs plans trigger performance notes linked to Russell 2000

By Angela McDaniels

Tacoma, Wash., Oct. 23 – Goldman Sachs Group, Inc. plans to price 0% trigger performance securities due Oct. 31, 2025 linked to the Russell 2000 index, according to a 424B2 with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 136% to 146% of the index return. The exact participation rate will be set at pricing. Investors will receive par if the index falls by 25% or less and will be fully exposed to losses from the initial level if it falls by more than 25%.

Goldman Sachs & Co. is the underwriter.

The notes will price Oct. 27 and settle Oct. 30.

The Cusip number is 38148X498.

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