GS Finance plans notes linked to Motif Capital National Defense index

By Angela McDaniels

Tacoma, Wash., Sept. 5 – GS Finance Corp. plans to price 0% notes due Sept. 12, 2024 linked to the Motif Capital National Defense 7 ER index, according to a 424B2 filing with the Securities and Exchange Commission.

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

If the index return is positive, the payout at maturity will be par plus 200% to 215% of the index return. The exact upside participation rate will be set at pricing. If the index return is zero or negative, the payout will be par.

The index tracks the U.S. exchange-listed common equity of public companies that derive at least 10% of their revenue from defense-related sales, principally of weapons systems to U.S. and foreign governments. The index measures the extent to which the stocks and any money market position outperform Libor plus 75 basis points per year, accruing daily.

Goldman Sachs & Co. is the underwriter.

The notes are expected to price Sept. 8.

The Cusip number is 40054LSV7.

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