Goldman Sachs plans 4.5-year notes with absolute return linked to Dow

By Angela McDaniels

Tacoma, Wash., March 17 – Goldman Sachs Group, Inc. plans to price 4.5-year 0% notes linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be par plus 100% to 105% of the index return. The exact participation rate will be set at pricing.

If the index return is negative but the final index level is greater than or equal to 70% of the initial index level, the payout will be par plus the absolute value of the index return.

If the index return is negative and the final index level is less than 70% of the initial index level, investors will be fully exposed to the index’s decline.

Goldman Sachs & Co. is the underwriter.

The Cusip number is 38147QX76.

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