GS Finance plans to price leveraged buffered notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Nov. 2 – GS Finance Corp. plans to price 0% leveraged buffered notes due May 16, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the final index level is greater than the initial index level, the payout at maturity will be par plus 2 times the index return, subject to a maximum settlement amount of $1,150 per $1,000 principal amount of notes. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that it may decline beyond 10%.

Goldman Sachs & Co. is the underwriter.

The notes will price on Nov. 11 and settle on Nov. 16.

The Cusip number is 40054KP83.

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