GS Finance plans to price notes linked to Dow Jones industrial average

By Angela McDaniels

Tacoma, Wash., April 11 – GS Finance Corp. plans to price 0% notes due May 4, 2023 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 the index return, subject to a maximum settlement amount that is expected to be $1,240 to $1,270 per $1,000 principal amount of notes and will be set at pricing.

If the index return is zero or negative, the payout will be par.

Goldman Sachs & Co. LLC is the underwriter.

The notes are expected to price May 1.

The Cusip number is 40056FB87.

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