GS Finance plans to price buffered notes 2020 tied to MSCI EAFE ETF

By Sarah Lizee

Olympia, Wash., Sept. 10 – GS Finance Corp. plans to price 0% buffered notes due Sept. 16, 2020 linked to the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any fund gain, up to a maximum settlement amount of $1,450 for each $1,000 principal amount.

Investors will receive par if the fund falls by up to 12.5% and will lose 1% for each 1% decline beyond 12.5%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the underwriter.

The notes will price on Sept. 11 and settle on Sept. 14.

The Cusip number is 40055QYX4.

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