GS Finance plans notes with absolute return linked to Stoxx Europe 600

By Angela McDaniels

Tacoma, Wash., Sept. 20 – GS Finance Corp. plans to price 0% notes due March 28, 2018 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return, subject to a maximum settlement amount of $1,080 per $1,000 principal amount of notes. If the index declines by 23% or less, the payout will be par plus the absolute value of the index return. If the index declines by more than 23%, investors will lose 1% for every 1% that the final index level is below the initial index level.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as placement agent.

The notes will price Sept. 23.

The Cusip number is 40054KKQ8.

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