Goldman plans six-year digital notes linked to S&P 500, Russell 2000

By Susanna Moon

Chicago, July 14 – GS Finance Corp. plans to 0% digital index-linked notes due July 31, 2023 linked to the least performing of the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be the maximum settlement amount of $1,720 for each $1,000 principal amount.

Investors will receive par if either index falls by up to 30% and will lose 1% for each 1% decline of the worse performing index if it finishes below the 70% trigger level.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

The notes will price on July 26.

The Cusip number is 40054LJ70.

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