Goldman Sachs plans deposit notes tied to Dow Industrials, Euro Stoxx

By Angela McDaniels

Tacoma, Wash., Jan. 4 - Goldman Sachs Bank USA plans to price 0% equity index basket-linked deposit notes tied to a basket that includes equal weights of the Dow Jones Industrial Average and the Dow Jones Euro Stoxx 50 index, according to a term sheet. The notes will be guaranteed by Goldman Sachs Group, Inc.

The notes will have a tenor of five to five-and-a-half years.

The payout at maturity will be par plus any basket gain. Investors will receive at least par.

The final basket level will be the average of the basket's closing levels on the final trading day of each consecutive six-month period during the life of the notes.

The notes are expected to price Jan. 25 and settle Jan. 29.

Goldman, Sachs & Co. is the underwriter. Incapital LLC is the distributor.

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