GS Finance plans to price six-year index-linked notes tied to S&P 500

By Wendy Van Sickle

Columbus, Ohio, April 8 – GS Finance Corp. plans to price 0% index-linked notes due May 2, 2022 tied 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 closing level of the index is at least 60% of the initial level, the payout at maturity will be par plus the absolute value of the index return, with a maximum settlement amount of $2,000 per $1,000 of notes.

Investors will be exposed to any losses if the final level of the index is less than the 60% trigger level.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40054KAM8) will price April 27 and settle April 29.

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