GS Finance plans to price digital index-linked notes on S&P

By Sarah Lizee

Olympia, Wash., May 18 – GS Finance Corp. plans to price 0% digital index-linked 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 closes at or above 80% of its initial level, the payout at maturity will be between $1,109 and $1,127.9 per $1,000 note.

Otherwise, investors will lose 1.25% for every 1% decline of the index beyond 20%.

Goldman Sachs & Co. LLC is the underwriter.

The Cusip number is 40057C2U4.

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