Goldman plans leveraged buffered notes with cap linked to Stoxx 50

By Susanna Moon

Chicago, May 3– GS Finance Corp. plans to price 0% leveraged buffered notes due Nov. 30, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to a maximum settlement amount of $1,750 to $1,800 for each $1,000 principal amount. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond 10%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

The notes will price on May 24.

The Cusip number is 40055AZT7.

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