GS Finance plans leveraged notes tied to Dow Jones industrial average

By Wendy Van Sickle

Columbus, Ohio, March 1 – GS Finance Corp. plans to price 0% leveraged notes due March 18, 2022 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will equal 1.39 times to 1.49 times the return. The exact participation rate will be set at pricing.

If the index falls by up to 30%, the payout will be the absolute value of the return. If the index falls by more than 30%, investors will be fully exposed to the decline.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the agent.

The notes will price on March 18 and settle on March 28.

The Cusip number is 40054K4E3.

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