GS Finance to price absolute return notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., March 8 – GS Finance Corp. plans to price 0% notes due March 29, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is zero or positive, the payout at maturity will be par plus the index return, subject to a maximum settlement amount of $1,100 per $1,000 principal amount of notes.

If the index return is negative and the final index level is greater than or equal to 80.25% 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 80.25% of the initial index level, investors will lose 1% for every 1% that the final index level is less than the initial index level.

The index’s final level will be the average of its closing levels on the five trading days ending March 24, 2017.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as agent.

The notes will price March 11.

The Cusip number is 40054K5Z5.

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