Goldman plans eight-year protected notes with cap linked to the Dow

By Susanna Moon

Chicago, July 15 – Goldman Sachs Group, Inc. plans to price 0% notes due Aug. 1, 2023 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any gain in the index, up to a maximum settlement amount of $1,800 for each $1,000 principal amount.

If the index falls, the payout will be par.

Goldman Sachs & Co. is the underwriter.

The notes will price on July 27 and settle on July 30.

The Cusip number is 38148T7B9.

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