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

By Devika Patel

Knoxville, Tenn., March 16 – GS Finance Corp. plans to price 0% three-year leveraged buffered notes linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus double the index return, subject to a maximum settlement amount that is expected to fall between $1,222 and $1,260 for every $1,000 of notes. The exact cap will be set at pricing.

Investors will receive par if the index declines by 35% or less and will lose 1.5385% for every 1% that the index declines beyond 35%.

Goldman Sachs & Co. is the agent.

The Cusip is 40054K6T8.

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