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Goldman Sachs plans digital notes with 90% trigger linked to MSCI EAFE
By Susanna Moon
Chicago, April 26 - Goldman Sachs Group, Inc. plans to price 0% digital notes tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will mature between 24 and 28 months after pricing.
If the index finishes at or above the 90% trigger level, the payout at maturity will be the maximum settlement amount of $1,127.50 to $1,150.00 for each $1,000 principal amount.
Otherwise, investors will lose 1.1111% for every 1% decline beyond 10%.
The exact deal terms will be set at pricing.
Goldman Sachs & Co. is the underwriter.
The Cusip number is 38147M121.
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