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

By Sarah Lizee

Olympia, Wash., Dec. 7 – GS Finance Corp. plans to price 0% leveraged buffered notes due June 24, 2021 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 index return is positive, the payout at maturity will be par plus two times the index gain, up to a maximum return expected to be between $1,235 and $1,265 per $1,000 of notes.

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

Goldman Sachs & Co. is the agent.

The notes will price on Dec. 21.

The Cusip is 40056EJT6.

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