GS Finance plans 14-month leveraged buffered notes on Russell 2000

By Wendy Van Sickle

Columbus, Ohio, June 24 – GS Finance Corp. plans to price 14-month 0% leveraged buffered notes linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by the Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 1.5 times the index return, subject to a maximum settlement amount of $1,147 for every $1,000 of notes.

Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index declines beyond the 10% buffer.

Goldman Sachs & Co. is the agent.

The Cusip is 40054KEH5.

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