GS Finance to price leveraged buffered notes linked to the Dow

By Sarah Lizee

Olympia, Wash., June 11 – GS Finance Corp. plans to price 0% leveraged buffered notes due Dec. 29, 2020 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 between 2 times the index return, capped at $1,152.50 per $1,000 of notes.

Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.

Goldman Sachs & Co. LLC is the underwriter.

The notes will price on June 21.

The Cusip number is 40056FLY9.

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