GS Finance plans to price 24- to 27-month digital notes linked to S&P

By Sarah Lizee

Olympia, Wash., Nov. 21 – GS Finance Corp. intends to price 0% digital notes due in 24 to 27 months linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is greater an or equal to 90% of its initial level, the payout at maturity will be the maximum settlement amount, which is expected to be between $1,141 and $1,165.40 for each $1,000 of notes.

Otherwise, investors will lose 1.1111% for each 1% decline in the index beyond the 10% buffer.

Goldman Sachs & Co. is the agent.

The Cusip number is 40056EHA9.

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