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Goldman Sachs plans 24-month buffered digital notes linked to S&P 500
By Susanna Moon
Chicago, Jan. 31 - Goldman Sachs Group, Inc. plans to price 24-month 0% buffered index-linked digital notes tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above the initial level, the payout at maturity will be par plus the threshold settlement amount of $1,115 to $1,135 per $1,000 principal amount. The exact threshold settlement amount will be set at pricing.
Investors will receive par if the index falls by up to 20% and will be exposed to any losses beyond 20%.
Goldman Sachs & Co. is the underwriter.
The Cusip number is 38143UP62.
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