Product wrap: Goldman offers minimum 112% with Belgian AUD note

EUROPE Crelan is distributing Callable Global ESG Trend Minimum Redemption AUD 2029 in Belgium. The 8.45-year medium-term note (MTN) is denominated in Australian dollars and issued via Goldman Sachs International. It participates 100% in the upside performance of the iStoxx Global ESG Trend Select 30 Index , subject to annual averaging. The minimum capital return is 112%. Goldman has the option to call the product each year (from 2023 onwards). In that case it offers 100% capital return plus a