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GS Finance plans to price notes tied to index basket’s weighted return
By Emma Trincal
New York, Sept. 15 – GS Finance Corp. plans to price 0% basket-linked notes due Oct. 5, 2027 linked to the return of a weighted basket comprised of the S&P 500 index, the MSCI EAFE index and the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus the weighted return of the basket.
The weighted return will be calculated on the determination date, Sept. 20, 2027 as follows: the best performing of the indexes will be given a 65% weight, the index with the second-best performance will be weighted at 35% and the lowest-performing index will not count toward the basket performance.
Goldman Sachs & Co. LLC is the agent.
The notes will price Sept. 30 and settle on Oct. 5.
The Cusip number is 40057N4Y0.
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