GS Finance plans leveraged notes with absolute return linked to Dow

By Wendy Van Sickle

Columbus, Ohio, Oct. 4 – GS Finance Corp. plans to price 48-month 0% leveraged notes linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 110% to 120% of the index return. The exact participation rate will be set at pricing. If the index declines by 30% or less, the payout will be par plus the absolute value of the index return. If the index declines by more than 30%, investors will lose 1% for every 1% that the index declines from its initial level.

Goldman Sachs & Co. is the underwriter.

The Cusip number is 40054KLH7.

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