GS Finance to price leveraged buffered notes on index, ETF basket

By Marisa Wong

Morgantown, W.Va., Jan. 18 – GS Finance Corp. plans to price 0% leveraged buffered notes due Jan. 24, 2023 linked to an equally weighted basket of the iShares MSCI Emerging Markets exchange-traded fund and the S&P MidCap 400 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the basket return is positive, the payout at maturity will be par plus 1.32 times the basket gain. Investors will receive par if the basket falls by up to 15% and will lose 1% for every 1% decline beyond 15%.

Goldman Sachs & Co. is the underwriter.

The notes will price on Jan. 19.

The Cusip number is 40055AFQ5.

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